But now I've learned of acquisitions.

Hello,I’m learning how to assess single family rental properties with the intent for long-term buy and hold.

Quote from @Jason Kudo: I have a property in the Joshua Tree market and it's doing fantastic.That's great for you :-) However the OP might want to know if you paid cash, have a loan, at what APR, and all that good stuff that could make the difference for him having a decent ROI.

Just wanted to thank everyone in this fantastic community - what a wealth of knowledge you all carry!

Quote from @David Heyburn: Hey Tanya - based in KC, happy to help.

Hey James,That’s a solid question, and I’ve seen this scenario come up quite a bit.

Quote from @Christian Faircloth: Welcome, Paul!

Quote from @Tanya Maslach: Hi everyone,I'm going to be building a portfolio in Kansas City and at the start, the properties will be multi family targeted at MTRs.Does anyone have recommendations for legal counsel / prep on contracting for those? 

I am in the process of learning and plan to use house hacking as my investing strategy for the first few properties.

There are about a dozen or so other STRs just like this in about an hours radius of myself.