Also, consider this copy & paste advice below:Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?

There is a case for buying well-located solid assets that produce immediate current cash flow at reasonable leverage. 

With 4 properties in different location, you have 4 time more chance of RE appreciation.To maximize returns, leverage tax benefits like depreciation, mortgage interest deductions, or cost segregation while considering your ability to handle management demands and market fluctuations.

I know people that do great with $150k homes but also $650k homes each with different strategies but I do believe in the Golden Rule, location x 3. 

This is located in Pennsylvania.Thanks in advance for your help, and have a Blessed Christmas!

But I do know our city needs a lot more of the first type.you clearly don't know me, which if I'm being quite honest with you has absolutely nothing to do with me. this is a property that is located in the village of Liverpool NY with a tenant paying beyond market rent, " If he doesn't want it or can't afford it, reward him with 60 days time to find another place, then find a new tenant that can pay what it is worth. " which I did, and he agreed to pay..................as I've stated to you before anything other is simply poor business practice. thank you for your input 

Need letter from employer that either says they allow remote work or the hire is for Texas location. 

Would split the discussion between new posters asking either very simplistic, repetitive  or location specific questions.  

Hi @Andre GalavizLuckily you came to the right location for that kind of question! 

Thats kind of the beauty of thes exchanges.. you get to reposition your capital, ideally in a property that ticks more of the boxes you need.Now, thinking about older buildings.. some folks underestimate how well older properties can hold up if they’re in a good location.