Hi Rob, Most DSCR lenders are okay with out-of-state investors, so you wouldn't need to amend the Operating Agreement at all.

@Shannon L Fogarty the tried and true technique here is to ask other investors in your market who they are using.  

Purchase price: $2,400,000 Sale price: $3,800,000 48 unit asset in a tertiary market. great upside in bringing rents to marketwe sold the asset after taking rents from 700 to 1000$ per door.our investors recieved year 5 returns in year 3 What made you interested in investing in this type of deal?

*Started to network with other investors, agents, and lenders*Looking daily at a small, single market to understand list prices, days on market, price reductions.

My goal is to become a long-term rental investor, but I would like to start by doing a couple of fix and flip properties here in San Antonio.

They do a lot of training and have a lot of investors that will buy your wholesale deals. one of the best communities I’ve ever heard of, wish there was one like it in my market 🤣

Based on my experience working with real estate investors and property managers, here are some common arrangements for local handymen and maintenance personnel for short-term rentals:On-call basis:Pay a set fee per call-out (e.g., $50-$100 per visit)Hourly rate for time spent on-site (typically $50-$100/hour)Additional charges for parts or materials usedRetainer agreement:Monthly flat fee (e.g., $200-$500) for basic availabilityAdditional charges for actual work performed beyond a set number of hours or visitsPer-task pricing:Agree on set prices for common tasks (e.g., $75 to unclog a drain, $50 to replace a lockbox)I like the per-task pricing as long as your maintenance calls aren't super frequent.I'm also a hard money lender if you're looking at a new deal to get quotes on soon or if you're looking to refinance a property soon!

We have 10+ self service car washes/auto bays with no subscription services (some closed, some active, some partially active) for sale in our region and I am looking to find alternative uses for investors interested in the properties. 

I predominately work with out of state investors looking for cash flowing rental property in our market. 

NYC is notoriously tenant friendly, and I would not recommend for a new investor.