I am in a similar position and would like to know how you got started with rental units. Are you using a property manager like it was mentioned in a previous comment? Do you recommend AirBnB vs. long-term rentals?
I used equity from my primary residence to finance my first investment, since I couldn’t find other means of financing. I don’t think my area would be good for AirBnb although I haven’t tried, should probably read more about it. I am doing everything myself for now, since I get better ROI, but will probably move to prpty mngmt once I have more properties.
I self-manage since my properties are in the same small city that I live in. It's not the much work. I love AirBnB but you have to be careful with it - a lot of towns and cities have outright banned short-term rentals or at least made it very difficult to operate them legally.
A coworker who lives in PA sold his unit after laws were changed that would no longer allow his AirBnB to be profitable. He would have to add a sprinkling system and other things that cost 30k+
