Out of state can be difficult if you don’t have a reliable team in place.

Hey Momar, this will generally depend on what you're after, if you're looking to cashflow, look into Cleveland, its reliable rents and predictable income could be a strong contender.

I know this is a bit older of a thread, but if anyone's still following it and looking in the area, I live here (actually looking at the lake, or what's left of it, as I type this), and have myself and a couple of partners (and reliable contractors) looking to really get going on both STR's and LTR's between here, New Braunfels, and San Marcos.

Here are a few factors to consider:Assess your earnings, outlays, and savings at the moment.A reliable source of income is helpful, but it's not a prerequisite for house hacking in every situation.To handle unforeseen costs associated with homeownership, think about creating or keeping an emergency fund.

being able to find a reliable bird dog would be awesome!

I’ve also built relationships with reliable plumbers/electricians and other handymen who will be very helpful resources in the future.

Watch out for market saturation, competition, and ensure you find reliable cash buyers for smooth transactions.

A varied and reliable renter pool may be drawn to areas that are close to amenities, job hubs, and educational institutions.Keep in mind that the 1% rule is only a recommendation, and it's crucial to take the whole investment picture into account, taking into account factors like property quality, location, and growth potential.

Do you mind sharing how you found a reliable contractor?

Any reasonably priced and reliable recommendations?