I would love to know thoughts on if this is a good STR market, should I wait until housing prices come down,  any advice from those in the area, etc.

He moved from Kentucky to Wyoming, pulled up in front of the house he rented online, and learned it was already occupied by one of my renters.

The median home price in Cape Coral was $385,000 in September 2023, presenting a good investment opportunity. 5) Development Potential: Cape Coral continues to see ongoing development and infrastructure improvements, including new commercial centers, parks, and recreational facilities.

Cons: Delays buying a house hack, Greatest risk of another repair or eviction causing a larger cash issueOption 5) Self-manage the properties -- Pros: Improves cash flow by ~$100 / unit / month, I self-managed this portfolio for 3 years and believe that I was more effective than the professional property manager, Can do this in addition to any of the above options.

You are buying the house for your own use more than for an investment.

So I am not new to real estate, have purchased 9 properties oos, but I am looking to transition to BRRRR strategy. I am a busy medical professional and don't have the time to try and find off market deals and also don...

Although, it is a great time to buy because houses are still discounted but wont remain that way for long, it is getting more difficult to rent houses.

I then want to find away to house hack and start building a portfolio of rental properties.

Is it a good idea to form an LLC to buy your first house hack?

In my locality, persons are recruited to serve as testers for landlord racial discrimination by the local Fair Housing enforcement agency.