:)You’re absolutely right, STR regulations and having the flexibility to pivot into a long-term rental are key considerations, and I definitely need to dig deeper into that before narrowing down properties.We’re leaning toward starting with self-management at first, even though it may be challenging since we’re a few hours away.

That level of hands-on involvement gave me a lot of confidence in both the property and the team.Rent To Retirement made something that initially felt overwhelming much more approachable.

Here's a link to an event on Jan 27th at 7 pm at Jailbreak Brewing Company in Laurel, MD:https://www.biggerpockets.com/...Investors or investor-curious of all levels welcome!

I'm beginning to get high-level quotes from builders & even modular companies (which I thought would be cheaper) and they are all $300k+.Is there a less expensive route that I'm missing?

The first 11 properties were all 100% financed in one way or another, because I did not have any money and had just started a new entry level low paying job.

Has the level of competition changed how you approach flips compared to a few years ago?

On this Amendment, you can add a handful of updated lease terms and conditions, as well as even increasing the SD amount, especially if it's not a current amount needed to be relevant to the current risk level. 

Separate accounts for every property can get messy fast, so many investors group by LLC or entity and then use software to track property level numbers.

A few questions I would love input on: Do these revenue and occupancy levels align with your actual experience in Crestline?

It’s definitely a balancing act — owners want to protect their investment, but holding too tightly to outdated assumptions (like 2021 rent levels or tenant demand) can end up costing more in the long run.I’ve found the best approach is setting clear expectations upfront with a manager: define thresholds where the manager can act without approval (like minor repairs or small rent adjustments) and bigger decisions that require owner sign-off.