We had previously lived in the town of Lafayette, which was 2 hours away from New Orleans but we frequently visited that city.

I have an agent colleague in the Rochester area that deals frequently with investors.

Currently, the property is rented at $2100/month.The house, built in the 1900s, requires significant renovation, and the tenant frequently requests various repairs and maintenance, such as duct cleaning and appliance upgrades.

I had to ask questions to get explanations about frequent repairs.

I think part of the trick is knowing how sturdy your limb is that you're out on and knowing when to stand pat.

Thank you for any advice, tips or tricks.

3 months of rent receipt from 7 out of 7 should do the trick if you want max leverage, 5 out of 7 would probably do the trick for low LTV as long as one of those 5 is the big unit.

Properties rented for less than 15 days a year enjoy simple tax rules, while those rented more frequently face a complex set of tax obligations.

Is there any tricks or insights someone may be able to provide me?

Additionally, a higher occupancy often translates to more frequent disputes among tenants.