Right now I have a vacation rental on Anderson Island, WA, but no other rental properties.

Kitchen remodel with wood cabinets, granite, new dimming LED down-lighting, new breakfast island with glass doors, and new tile.New tile in two bedrooms and wood plank style tile in the family room.Fresh paint inside and out. 

Hello everyone I am a new to this looking for my first rental property I am looking to get involved in New Jersey, and long Island.

I'm originally from the British Virgin Islands.

I would be looking at outlying areas with the largest potential for growth in the next 10 years.

Im based out of Long Island and have been looking at properties in try state area.

Background: I'm looking to buy my first multi-family rental property, a spacious two family home caught my eye in Rhode Island for about $180,000-$190,000, which should be able to get $3000 in rent a month, it needs a bit of work but is in a great location with upside.

Treat your rental property business as a business and plow as much of your earnings (W-2) and cash flow (Schedule E) in to reserves, future down payments and debt elimination. 3G Capital has used this approach for 30-40 years in brewery purchases and is now the world's largest brewer having started with no beers sold.

Gabriel I myself am originally from NY (Long Island) and specifically came to Lexington in 2010 for the real estate market.Most of my clients are from the Tri- State area.

Definitely no growth, but the franchise is one of the largest in the world that is the stand alone tenant.