That way, when we see a certain property, we don't take forever to evaluate if the numbers work or not.The STR location if we get a beach property will be a long distance from us, so I wonder how self-managed STR is done or how challenging it would be.If you guys have great information you can share or reliable free source, would be greatly appreciated!

I think it is the type of mistake that is made and how the accountant deals with you bringing the issue to him/her.I think the accountant should be doing atleast a bring overview of the documents / information that you provide.At the very least, when clients bring me their Profit and Loss, I try to see that they have the typical expenses that I would see for real estate investors and to see if the numbers make sense.

Sometimes I feel the deals you pass up are the better financial decisions.

That's probably the best source of information and resolution. 

Thanks and any information would be helpful

Strategy 2 is less risky in the short term but might require additional investment later.Ultimately, the choice between these strategies should consider both the financial implications and the investor's personal objectives, including risk tolerance, investment horizon, and the importance of generating immediate versus long-term value.Best of luck with your decisions - these are good options to have  😊Have a great weekend,KC 

Thank you Josh, I really appreciate your piece of information.

At the risk of vomiting too much information, I'll share.   1. 

Bureau of Labor Statistics:https://www.bls.gov/ces/If you have a more specific city in mind, you can always visit the city/county website and see what kind of public information they have, such as new developments, etc.I hope this was helpful to you.

This blog aims to dissect the various pros and cons of this approach, offering in-depth insights and practical considerations to help property managers make well-informed and strategic decisions on this matter, ultimately ensuring the smooth and efficient maintenance of their rental properties.Pros of Allowing Tenant Maintenance:Cost Savings: Empowering tenants with minor maintenance tasks can save landlords money and create a more responsible community, improving property value and tenant satisfaction.