And the alarms I was talking about were for an entire building system that is monitored.

- How will you monitor quality of work?

- How will you monitor quality of work?

If you don’t have MLS access, a good relationship with a local realtor who’s investor-minded is worth its weight in gold—they’ll know not just what sold, but why it sold at that price.As for adjusting for renovations, I try not to overcomplicate it.

The agents opinion has no weight with lenders in regards to  what they will lend on a property.

Makes check-in totally hands-off.Cleaning coordination – Turno (formerly TurnoverBnB) is great for scheduling cleanings and syncing with guest checkouts automatically.Noise monitoring – Not required, but to me it is 100% necessary.

If you’re out of state, a solid local PM is worth their weight in gold.

I would suggest looking into other avenues like the stock market, ETF's, bonds, etc. while learning more and monitoring the market for opportunities and continue to save and invest.

In addition, the 30-year fixed-rate MBS price (such as the 30-year UMBS 5.5) should be closely monitored, as it is in lock-step with the mortgage rates, just in opposite directions.I also agree on your point about documentation—those underwriting requirements aren’t just red tape, they’re what keep the secondary market working and make 30-year fixed loans possible.

Monitor your spending habits to make sure you’re consistently putting money aside for both the short-term and long-term costs of real estate.