Placed another 8 unit portfolio under contract in early March, unfortunately contract expired on April 23rd, couldn't secure favorable loan terms that wouldn't allow portfolio to meet cash flow numbers because banks changed lending practices due to Coronavirus pandemic.

I have lenders that I can point you to that would likely be able to give you a better product that will pay off that primary residence loan, or restructure it into one that doesn't take so much long term value out of your equity.

Because the interest rates were so low, I was able to keep the same mortgage payment cost we had before but for both houses with a shorter term! 

With careful planning and consistent effort, you can create a portfolio that aligns with your long-term goals.Good luck!

The best amenities for Airbnb in terms of ROI often depend on your target audience and the location of your property.

Then there’s city regulations—some places heavily restrict short-term rentals, so you’ve got to check the rules.If you find the right spot and automate stuff (guest communication, cleaning, etc.), it can be profitable.

@Joseph Kirton How much time do you feel is needed to be successful?

Understanding the uncertainty that comes with investing is a key part of finding success.I’m excited to hear more about your progress and future successes!

I have properties in the Buffalo area (a mix of long term and short term) but was looking into Syracuse also, so would be interested to hear the responses.  

Doing short-term rentals would be very interesting.