@Yu Liu This is awesome! Congrats. I'm going to be listing one of my properties as an MTR soon (the area it's in isn't really suited for STR). Just curious... have you had similar success with longer bookings through AirBnb? Have you also tried Furnished Finder?

@Shivam Patel -- I see you posted this a while ago so not sure it's relevant for me to chime in on this exact deal. But FYI, I have three RBR properties in Jacksonville, FL with a total of 26 rooms, and am currently in the process of rehabbing two other properties that will add 20 more rooms. My properties are through Padsplit -- they handle the marketing to acquire the tenants, do the background checks, income verification, etc. There are so many nuances to this strategy in terms of lending, insurance, local laws, etc. But happy to chat more if you'd like to hear more about my experience.

Chiming in late, which I think speaks to the appeal and practicality of Skool. It's a nice interface and when I come here, it serves the purpose well but I have to proactively come to Skool just for this group. Whereas, like Yu said, I'm on FB for other groups daily so that could lead to more interaction from people?

@Yu Liu Do you have Standard Operating Procedures written out? That will make it much easier to identify things that they could help with over and over. Draft a comprehensive SOP for the acquisition process from due diligence to closing. Then you can assign tasks like... researching property tax records, looking at what permits have been pulled on a property, pulling comps, working with a title company, providing documentation to lenders, getting insurance and managing timelines. Also -- do you have a social media presence and/or website? They could also help with that. Disclosure: I don't have a VA myself just yet. I have seven rental properties so my goal is to hire a VA when I get to ten, which should be in the next few months. In the meantime, I have very detailed SOPs and have already identified which steps along the process could be offloaded. Like Michael said, for the next two weeks, write down everything you do and patterns will start to emerge of things that aren't super sensitive that you can hand over. Last thought: I know there are very affordable options for VAs in places like the Philippines; however, there are also options in S. America that are very reasonable as well. They're a bit more than Asia but since the tasks I'll personally need will require training/shadowing, it will be important for me to be in the same time zone as the VA. Here's one I found: https://thereistalent.com/ I haven't used them personally so I can't vouch for them but it's just one that I have flagged since having someone working during the same hours will be critical to me.

I invest in Jacksonville, FL with the BRRRR strategy so I'm definitely on a different path than most of the previous responses in more expensive markets. I have two SFHs and three duplexes there currently, and while they're performing well, I'm looking to branch out into a new market. I'm currently analyzing data but probably looking at a midwest city (where there are no hurricanes / sky high insurance rates to contend with!)