STRs can absolutely work, but the reality today is that market selection and regulations matter a lot more than they did during the COVID boom.

I’ve noticed a lot of investors lately are being more selective with margins, especially for flips and BRRRR projects, so it’s always interesting to see what types of deals are moving in different areas.Looking forward to hearing more about what you’re seeing in the market.

This strategy can be effective at keeping the assessor on their toes. 

I would say just be extra selective starting out.

Any cost effective training mentorship programs you can suggest for beginners of MFH.

Foreigners have to be mindful of ECI(Effectively connected income) and FDAP(Fixed Determinable Annual Periodic) when invested in the US.You may need to apply for an ITINYou may be subject to FIRPTA if you sell the propertyYou may have to educate yourself on estate taxes if you pass away while holding onto the property.Best of luck

At Santa Ana's ~1.1-1.2% effective rate, that's closer to $8,500-$9,300/yr -- roughly $230-$300/mo more than what I modeled.

When a progressive governor of the same party opposes a measure that polls at 60%, it's worth looking at the economics behind her position.What the Historical Data ShowsThe research on rent control's long-term effects is unusually consistent for an economics topic.New York City, 2019: When the city strengthened its rent stabilization measures, values on affected multifamily properties dropped roughly 30% (according to analyses published at the time of the legislation).

They effectively gave themselves a $100/mo rent increase.We never accept partial payments.  

And I've preached that it's so important to emphasize the sponsor's experience, track record, and length of time in business when selecting investments.Skin in the game is important but I don't define it by how much money the sponsor has invested in the deal.