The trap with the 2018-2023 period of time is, it was a perfect storm for the STR investment class.

Since you’re new, focus first on learning how to analyze deals and understand what a solid investment looks like—Brandon Turner’s The Book on Rental Property Investing and David Greene’s Long-Distance Real Estate Investing are great places to start, and both align perfectly with what’s working in markets like Memphis right now.

I haven't found a property yet because I am perfecting my strategy with them, but there have been a lot of potential ones.

I’m not perfect, but I’m hungry to keep learning, improving, and building sustainable success.Right now, my biggest limitation is capital.

A couple of other things I’ve found valuable to look at are:Track record through cycles (how they’ve managed deals in both good and bad markets).Transparency and reporting (how proactive they are with communication, especially when things aren’t going perfectly).Alignment of interests (skin in the game, fee structure, co-investment).In my experience, those have been big predictors of how well a sponsor actually delivers in the long run.

The addition will make it perfect for two families, with lots of room and privacy for everyone, so I hope to have some extra revenue from the addition. 

They cover pricing strategies, tenant screening, and remote management- perfect for your situation.

I can show you a website where $8.99 can get you a perfectly good drivers lisence and another site where you can by a complete identity for between $50-$400.

Well maintained Excel if perfectly acceptable for many tax firms.

I started seeing how this could be a perfect starting point: bring value, build relationships, and earn while learning.