Do you recommend starting with a long-term rental for a rookie?

Now, I would of course be vetting buyers and making sure whoever purchases the deal has a solid track record and is a trustworthy individual/company first, but things happen.

I'm thinking about buying a laundry mat, but have no idea where to start. 

Trying to keep it as long term rental, I'm getting 5/1 arm starting at 7.4, also 75% interest only 6.8%.. what would be the best deal to get out of the HM?

(Sorry.)This will get a bit confusing at first:You should find some answers in this government guide, starting on page 15: https://www.dca.ga.gov/sites/default/files/2-15-21_handbook_final_draft.pdfThere is example language of what your written notice to the tenant should include.

Leveraging a property management company can help manage the rentals effectively, especially if you plan to live elsewhere eventually.

I'm particularly passionate about getting started in mid-term rentals in the Northern Virginia area.Outside of real estate, I enjoy any type of outdoor activity and physical exercise.Excited to learn and connect with you all!

I continue to get emails from Steve Mayer of Finance holding Company, but he keeps wanting me to pay a deposit + his 2% origination fee upfront...seems like a scam and wanted to see if anyone has done business with them in the past

Paralysis of Analysis, a virus worse than Covid, infects just about every n00b who is trying to get started in real estate. 

I'm planning to renew the lease starting November 1, 2024.