I cannot stress enough how important a trusted PM is out of state.

From what I’ve read for the NC law as well as what is written in the contract states that late payment in a violation and eviction is enforceable.

Starting March 10, 2025If your short-term rental is advertised through a platform that remits HOT directly to the State of Texas (Airbnb, VRBO, or HomeAway), the platform will begin paying the City HOT on behalf of the operators.

I know a few in different areas of the state.

I considering buying my first rental property there, and am an out of state investor.

They are both interest bid down states.

I’m willing to travel anywhere in the tri-state area, as well as PA and CT, to support your projects.

I invest in the neighboring state of New Jersey and have 2 properties with a total of 4 units between the 2 and I am looking to scale.

You’ll lose the 10% state income tax, you’ll eliminate the traffic, and assuming you and your friends don’t bring it with you.

That said, tying up more money in the mortgage might limit flexibility, especially if you plan to buy another home out of state soon.On the flip side, the 30-year mortgage gives you breathing room.