You lose all of the control and these are long term investments - but in my experience the returns match what I had on the active real estate and I am hiring professionals to manage the assets.  

Many Texas cities are incentivizing developers to build affordable housing units, but challenges remain around keeping these homes accessible long-term.

At the pro forma income, the cap rate would rise to 8%, which is more reasonable but only achievable after renovations.

It doesn't take long to learn how to spot a good deal.6.

There are other, more ambitious, risky, and difficult, ways you could achieve the same end goal.

I've been interested in real estate for as long as I can remember.

Hey @Joel Oh, so let's clarify the NYC rules around STRs.STRs are legal in NYC as long as these directions are followed."

Quote from @Frank Pyle: Obstacle is getting a 1007 with realistic long term rents. 

For me personally long term rentals add another layer of complexity and staff needs.

I just want some outside eyes to help me understand if this deal is what I should expect to find as I build my portfolio.I plan to buy and hold long term.