The other duplex is in Carson City. 

I know a lot of STR investors who won't buy if the property doesn't make sense as a LTR.. but the one thing about that is that some of the more successful STR markets never will work at LTRs (Park City UT, Pigeon Forge TN etc) .

If you're going to work part-time but mainly want to be a Realtor for your RE investing, you could get someone to come alongside you (like a sponsor with EXP as you mentioned) to teach you the basics of how a transaction runs.

Here's a brief overview:My GoalObjective: Generate a monthly cash flow of $1,000.Initial Capital: $50,000 for down payments and renovations.Target Markets: Indianapolis, Buffalo, Cleveland, Cincinnati, and Philadelphia.Strategy OverviewProperty Focus: Duplexes, triplexes, or single-family homes suitable for a rent-by-room model, primarily targeting IT professionals and bankers.Market Selection Rationale: These cities were chosen for their balance of affordability and potential for rental income, with a specific interest in neighborhoods popular among young professionals.Financial Approach: Leverage the initial capital to acquire properties, possibly using FHA loans for lower down payments if applicable.Specific QueriesProperty Selection: Given the targeted tenant demographic (IT professionals and bankers), are there specific neighborhoods or property types you'd recommend within these cities?

My name is Rebecca and I have run Captain Save a Home LLC, Brew City REI Club (a private network of our trusted real estate friends), Brew City REI Training Cafe (ala carte style real estate mentoring/coaching) and Wisconsin Contractor and Handyman Club (contractor-investor connection platform) based out of Milwaukee, WI for the past 10 years.

Hey @Sanjay Aiyar, have you called the city and county to find out what the restrictions are?

Clairmont is a neighborhood of 1970’s-built, contemporary homes located off the main commercial artery in Augusta, Bobby Jones Expressway, which connects I-20 to Washington Road.

The city passed an ordinance a few years ago to allow ADUs without zoning laws, so I think it's easy to get ADU construction approved.My question is about cost.

Susan,So many locations to choose from it can be hard to start but if your state/city has a high number of tourism even majority of the year it can be a great balance.

You could create Family First Hideways LLC (100% owned by you and your wife) and then have the others branch off it.Ex: Property 1- (title owner) 123 Main Street LLC- owned 80% by Family First Hideways and 20% Partner 1     Property 2- (title owner) 456 Cherry Lane LLC- owned 80% by Family First Hideways and 20% Partner 2  You will still have to work through whether you want to set up individual bank accounts for each property/how you want to manage your accounting for each.