Hey All, I'll be traveling to Costa Rica for a wedding  and wanted to explore the market while I'm visiting.

Quote from @Kaleb Johnson: The issue is that you cant cold call people in New York  You cant cold call but you can definitely do SMS marketing and find your ideal sellers for wholesaling.

I'm curious to dive deeper into the Santa Fe market and would love to learn from those with local experience.

Should you decide to do this full time and do more than 1 flip at a time, private lending and fix&flip loans will be the way to go.

Goal would be to acquire 20 rentals by the age of retirement, with some already starting to be paid off.I am in the same boat as you, and I focus on safe appreciation all day (small cash flow for safety and then focused on markets on that appreciate). 

Don’t forget. 2024 rent cap was 8.9% so you may never get “market rent”.

Quote from @Kishan Purohit: @Heath D WallaceTo get this deal to cash flow, you could look into increasing the rent if the market allows or reducing operating expenses, such as lowering management fees, vacancy rates, or insurance costs.

My weekly podcasts will also help you get a better feel of our market and then might help you learn our market quicker and with more data. 

The marketing class will help you keep your STRs and LTRs leased.

Trying to get a split level (not a lot of sqft) on the market in the next three weeks and trying to decide on whether to open the wall between the dining and living room for a feel of openness or leave it as I have heard from two interior designers that the open concept is on the way out as we are more at home and liking our separate areas in the home.Pragmatically speaking the opening of the wall will be mostly a time drain with it being a load bearing wall and having to support the ceiling while rebuilding and all the drywalling necessary.