Renters Market in Orange County, NY?

[Daniel Reimel]

Hello everyone,

First time poster and aspiring REI. I recently purchased a house in Greenwood Lake, NY as my first home @ 300k. Locked in @ $1730 the part-time Airbnb returns have been outstanding- greatly subsidizing our mortgage payments on weekends we are away if not negating them altogether.

I've now got the bug to see if I can find any multi-families in the area to rent out (or perhaps Airbnb). That said, I am not particularly convinced this area is a renters market. Does anyone have experience with the rentals in Orange County? I assume for the most part tourist-wise it is a 3 season area.

I'm not married to the area but would like my first investment to be somewhat closeby (< 1 hour) since I will be the property manager and have a fulltime job.  Would love to hear from someone with any experience in the area.

Many thanks in advance,

Dan