We get a few owners who "read an article that rents have gone up by 42%" and insist on pricing their units too high (despite our market analysis, experience, advice, and recommendations), so these units may sit for a few weeks in this scenario, which is out of our control. 

I have the room listed on: Craigslist, numerous FB groups, FB Marketplace, Sublet, Zumper, Cirtru, Furnished Finder. 

@Gabriel Sanabria Here's an article I wrote that walks through some FAQs on Opportunity Zones.

See this article for example of the kinds of construction techniques available to do it: https://extension.usu.edu/pests/schoolipm/files/school-ipm-documents/ipm-design-and-construction/IPM_Design_Construction_1.pdf I have some personal experience in making a normal home pest resistant because I once bought a house that had roaches and I didn’t want to kill them and struggled with making the home pest resistant by sealing entry points from the inside.

Per this NY Times article, the average American knows around 600 people.https://www.nytimes.com/2013/02/19/science/the-average-american-knows-how-many-people.html#:~:text=The%20average%20American%20knows%20about,do%20you%20know%20named%20Kevin%3FPer the US Census Bureau, the average American moves 11.7 time in their life, which based upon an approximate lifespan of 84 years, works out to be about every 7 years.https://www.census.gov/topics/population/migration/guidance/calculating-migration-expectancy.html#:~:text=Using%202007%20ACS%20data%2C%20it,one%20move%20per%20single%20yearSo, if the average American knows 600 people and they each move about every 7 years, that means that the average American knows around 85 people that move in any given year.How many of those moves do you want to be involved in?

But they come at the price of higher volatility and lower diversification benefits, as they have a much higher correlation to the overall stock market than direct real estate investments.Read this article for more information https://www.investopedia.com/m...All the best!

@Nick Littleton personally, I have not encountered this issue (I've done numerous owner occupant mortgages, refis, and HELOCs, and no lender has ever asked me about my property management experience, or whether I'm using a PM, or anything about how the property is managed...other than asking to see signed leases that correspond with the rent income I reported on my taxes), so I was surprised by what you described......I'm interested to hear from the lending pros on here: is property management or property management experience a commonly used criterion for loan qualification? 

That's a huge step when starting as an investor.BiggerPockets is an incredible platform that offers numerous resources, so definitely take advantage of it.

There are lots of articles you can research on this topic that go further into this strategy than I will here.Having to wait a few years to buy another property seems really bad at first but it will be fine.  

I just read an article on the Wall Street Journal https://www.wsj.com/articles/i...