10 individual SFH are a lot to manage - a lot more stress too.With a $200K down payment, you could afford a $1 mil MF property.

Hey Jessica, Similarly, I have been looking into AirBnB arbitrage and think Forth Worth has a lot to offer and can potentially be a great fit.

Quote from @Nathan Adams: You get your real estate license and operate under a Broker for a couple years before you can get your own Broker license and break out on your own. https://com.ohio.gov/divisions...I recommend looking for a job in a larger, more established property management company.

But you need to move beyond that and start really educating yourself on how to establish policies, learn the law like the back of your hand, create a website, and so much more.

I have already established a PM I am hoping to enlist for help.   

Can anyone share a proforma to model NPV of just selling the vacant lot to a nationwide car wash ($1.5-$2M) - vs construction costs to build out for a QSR or something similar ? 

Household formation spiked sharply in COVID, and that had nothing to do with population growth, and perhaps a lot to do with free money, great jobs, work remote, and more.

There are many investors looking for rental properties in Bergen County area and established investors there already. 

Establish a partnership ahead of time and put it in writing/contract 50/50 60/40 70/30...

It has to be the right partner and any relationship should be established slowly.