You can get screwed on changing markets and unreliable contractors though.  

Our market is somewhat shifting, but it is still showing signs of thriving, with many opportunities for growth. 

I bought a condo in Norman Oklahoma 3 years ago and due to the rental market, I have struggled to get another.

I know what I would do for my market if it were a long-term rental in valuation, I don't know how investor buyers do it for STR.

This experience can help you scale your portfolio over the next few years- Local properties appreciate faster, which allows investors to reinvest their equity into more local multifamily units OR other markets where the cost per unit is lower (i.e., Philly, Upstate NY, etc.)The Bronx is arguably the best borough to consider the househack strategy.

If things go sideways, you discovery greater rehab expenses, the market takes a turn for the worse, you can get in the red quickly. 

VA loans are the only loans that allow this, and there is no rate penalty for it no longer being your primary home.With that in mind, you could do a cash out refinance today at a higher rate than current market rates which will create profit on the loan, we can take that profit to pay for your closing costs.

I'm happy to share insights and see how we can help each other.What market are you focusing on?

Do you know the markets you threw out really well? 

I help investors find opportunities in the NYC market, specializing in residential and commercial properties.