I’m sure they exist somewhere, but the vast majority of small businesses just don’t generate the income nor the margins to hire the quality of people nor the specialized skills needed to produce without the involvement of the owner willing to wear many different hats, pick up the slack where needed, and work the hours necessary to make the business a success. 

Whereabouts in North Carolina are you? 

Number two is Tampa Heights, south of the university and slightly north of downtown; this old neighborhood of Tampa Heights is attracting more people than ever.

China is a plutocratic communism, North Korea a Monarch Communist system, Even the UK which many like to think is so similar to US is actually radically different. 

Oceanside, located in North San Diego County, has become increasingly popular for STRs and offers a more affordable entry point compared to its southern neighbors.Given your flexible budget and preference for a condo, there are some factors to consider.

Have a property (new build) in North East SA, rented for a year & unable to rent for almost ~10 months now, selling in this market would incur > 100K loss as impossible to compete with builders.

Property is a C class area, so I am concerned about the quality of tenant I will get but I am close to Ohio State University, a hospital, and short north/downtown columbus so I am hoping as long as I screen tenants I can find some promising people.

New York on the other hand has some higher taxes so it can make the cash flow a little harder.I have been seeing some good deals a little further North in and around Lowell, Dracut, Nashua even up in North Conway, which is a great STR location.  

Most of my clients purchase turnkey investment properties in areas like Old North, Merion Village, Southern Orchards, Old Towne East/King-Lincoln Bronzeville, Driving Park, North Linden, North Hilltop, Franklinton, Reynoldsburgh, and Hungarian Village.

The FHA self sufficiency test is the so difficult for the north side of the city and parts of the west and south sides.