Or if you buy a duplex, live in one side, and work the deal so the tenant is paying all or most of the mortgage (some circumstance like that).Buying a rental house (or 20) the right way, and renting them out forever is one of the best passive business models I’ve ever experienced.

remember your first home is not your forever home, it's your first rental so it doesn't need to be everything you want.look for homes where the bones are good, but cosmetically needs love. don't by pre 1960 if you can help it. you'll end up just having to replace all the guts like plumbing and electrical at some point. it's inevitable. look in areas where the path of growth is headed, but might not be currently. think 5 years out. look for resources like your local chamber of commerce to see what businesses are coming in and where. your city planning office should also be on your call list as they can help show where most permits are being pulled for development. follow the money. go to local investing meetups. crowdsource local knowledge and form meaningful relationships. those who've gone before you typically will help out and help you avoid the mistakes they've already made. onward.

Lots of excellent information broken down into easily digestible sections to implement into your business easily.

In the event that you lack the time or experience to maintain the property yourself, think about devoting time and funds to repairs and property management by working with a property management business.

Lots of big changes and challenges to be navigated but I'll keep this short and sweet to focus on the real world effects of the NAR Commission Lawsuit Settlement for investors scheduled to begin in July 2024.- Buyers will have more (and less) options.

Plans to were announced last month to invest $2B into the cities airport in anticipation of the population/business

These are often used for difficult to insure trades or businesses (ie. medical Malpractice, asbestos removal, etc.). 

The dynamic landscape of regulations on STR can still be navigated in our area but having an MTR number that works is important to our clients' strategy.

Really evaluate how you run the business.

There should be no point in time when you are working together and agreeing on the future of the business.