ETC: February- buy a high end home at a destination location.  

It was built in the 2010s and located in an established neighborhood with convenient access to schools, amenities, and major transportation routes.

I'm a STR owner / manager located in Texas (Bryan /College Station, TX specifically.) 

One of the biggest challenges of investing in Rustbelt cities is knowing where to invest and properly understanding the cooresponding pros & cons.Here's copy & paste advice we share to help to address this challenge:-------------------------------------------------------------------------------------------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?

We have 3 attorneys we use depending on location & situation. 

Quote from @Chris Scarazzini: Hello bigger pockets community, I am a new investor located in the capital region of NY.

I am located in Maine and have 2 six unit buildings, 2 four units, and a 5 unit. 

And personally I put way more weight on buying the right location as a buy and hold investor than saving some dollars on the front end. 

You cannot have a contract that simply states "install high-quality countertops" without specifying the quantity, location, type, or style.

It all depends on location of course. 1 good thing I have going, there is no restrictions there.