I would love to network with some local folks and learn more about what you are seeing in the market.

I’ve been looking more seriously at Build-to-Rent (BTR) lately — especially in places where buying existing rentals just doesn’t pencil anymore.Instead of competing for older duplexes or small multis, I’m seeing potential in just building new rental product — especially in secondary or tertiary markets where land is still cheap and zoning is flexible.

we had 2 STRs in a local vacation market since 1999 when the area decided to institute a quota a couple of years ago.  

Three story walk up design will work in any market if land prices are within control.

If so, please respond, I'm in the market.

Mason is the best location of all three, but you will definitely pay more here.

Go to Etsy and search for "rental property tracker," and you will find hundreds of nice spreadsheets to track 10-20 rentals, usually for under $10.Software has extremely helpful features like online payments, marketing syndication (click a button, and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.

Sounds like you already got a bit of a head start managing your mom’s property too, which definitely helps.So here’s the deal:Getting folks on leases:If the tenants are cool and paying on time, that’s already a win.

Tenant Default: 0-5% probability of eviction or early lease termination.Section 8: Class A rents are too high and won’t be approved.Vacancies: 5-10%, depending on market conditions.Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Class B Properties:Tenant Pool: Majority of FICO scores 620-680, some blemishes, no convictions/evictions in last 5 years.Tenant Default: 5-10% probability of eviction or early lease termination.Vacancies: 10-15%, depending on market conditions.Cashflow vs Appreciation: Typically, 1-3 years for positive cashflow, balanced amounts of relative rent & value appreciation.Section 8: Class B rents are usually too high for the Section 8 program.Class C Properties:Tenant Pool: Majority of FICO scores 560-620, many blemishes, but should have no convictions/evictions in last 3 years.

I am looking to pay the lender fees/points for that portion.