Trying to confirm the market data for a potential investment area to feel great about modeling rents, inventory, population/census direct etc.

Hi Kasey,AirDNA and Pricelabs are good data sources for what revenue you can expect as a short term rental.

I've done the AirDNA data analysis and according to their numbers I could make around $2k/month in profit.

This is where you buy a property that is under-market rent and do turnovers to the units to achieve leading market rent in the area.

Most of the properties will be owned in an LLC which is registered with the State so owners data is publicly available.

If the highest and best use of your time is achieved by working a W2 job, another money generating activity, or in leisure...then by all means hire help in the form of a PM to take the management task off of your plateOn the other hand, if retaining the 8-12% to be paid for help is more important than other activities...then you probably want to figure out how to manage it yourself.There is no right or wrong answer.

Currently all of my investments are in the stock market but I plan on buying some RE in the next 6 months or so.If anyone has advice to do these events in a different order to achieve my goal, I’m happy to read what you have to say.

Location: Mid-SouthClass: CUnits: 20 Office units; 200-400 sqft Building Interior Space: 6,600 sqftTenant Mix: Consultants, Counselors, CPAs, Lawyer, RE AgentOccupancy: 85%Characteristics: Slab, Metal siding, concrete parking lot, 2 floors, 3/4 renovatedCapEx: Roof 3 years, 2/4 HVACs replaced, no major upfront fixes based on inspection reportCity Population: 16k County Population: 86k; average 0.93% annual growth over the last 10 yearsCounty Unemployment Rate: 2.3%Job Growth: Not able to find current Data, can’t verify how Covid affected.

With REI, graduation is achieving your financial (specific...not, "I want to be financially independent) goals.Next, you need to forget about collecting income properties at the start. 

This will give you a rediculous amount of credibility.And here is the Jerryll motto.Success in this space is achieved if you have 2 things:an internet presencecredibilityThe rest will fall in place!