The last several years have been defined by significant growth in home prices, mostly a result of the unusual mismatch between supply and demand that manifested during the COVID-19 pandemic.

If both components are at the end of their useful life, both need to be replaced.

If agent: define a niche (investor-friendly listings, probates, or small multis), learn investor math, and commit to daily lead gen with a simple offer script.

Owners should know:Who controls screening criteriaWho owns vendor relationshipsWho makes final decisions on repairs and renewalsHybrid works best when those lines are clearly defined from day one.In short, placement is an investment decision.

Treating midterm rentals like Airbnb with longer stays.MTRs work best when you:• Define your tenant type first• Furnish for function, not Instagram• Price for monthly value, not nightly mathThose small shifts change everything.What mistake did you make early on that you’d warn others about?

They have a pretty defined buy box, and price point that they can be in so its a tall task finding them lots that hit all their deal points, but that's the point, it should be specific and intentional.I'd start with finding an end buyer, or user, ie developer, and honing in on their buy box and what they can pay. 

House hack with a “live-in flip”/ value add component.

Renting to the extended family:This approach could work well if expectations are clearly defined.

How are you defining ARV standards and rehab scope upfront, and who has final say when the numbers get tight on a deal?

How would you define your advantage?