My market of central OH has some isolated areas that are like this, and in those areas, its generally accepted as "the way it is" but those areas are also very desirable and "hip" so there is a give and take persey.

Plan for a few months of "Oh crap, we're spending so much money; this better freaking work." 

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

Hi Michael, I'm not sure about IN, but where I invest in OH, it varies by neighborhood.

I have ~20 doors in OH that I self manage (there are some awesome softwares out there now for self management) and am looking to start investing in Buffalo too.

Do you own anything local or are you doing all your investing in OH?

@Rebecca Knox I do know that 25% is only for if y oh are not living there.

Thank you Noah,I am exploring AZ, TX, OH, FL may have some opportunities based on the hurricanes that have hit recently. 

My partner and I have been investing in OH for about 5 years now, we are cashflow investors and have over 20 doors consisting of SFH and duplexes in OH.

I have thought about Ohio as well but may stay local and we definitely need to put time into our STR's to get them better.