Quote from @V.G Jason: Demand will pick up as rates retrace.

If the #s check out via savings or heloc, you can pick up another rental income property in a Medium Cost of Living City vs NYC.

Pick a great community and buy the worst house and BRRRR.  

Investors can say their HOA has various rules, but your sample size is going to be much too small to be meaningful.Instead, I recommend picking some listings you are interested in and researching the HOA rules and fees yourself.

Your lender will probably require a certain amount of cash reserves so it would be wise also to look into lenders who might lend to you -- and get to know their requirements.Ultimately your expansion ability is going to hinge on your ability to borrow money, which to a part relies on how much down payment you can get.Just my 2 cents.

If it were me, I would pick investing in Texas if I were living there over investing OOS in some random city.

So you think Agents have a poor standing in Society today  .. like used care salesmen or how people pick on Lawyers etc etc..

She's picking pretty expensive places to live though so not as appealing as your deal! 

Hi All,My name is Michelle, I am a local long term SFH real estate investor in South Florida and am wanting to add on Section 8 investing in Detroit, Michigan.I currently am not knowledgeable on Section 8, but am educating myself.I am looking to connect with other Section 8 investors to see how they got started along with what resources they used to look at market trends, how to pick the specific hot bed to invest in Section 8, and advice I may need to know.Thank you in advance.

Over the years I picked business degrees, real estate license, tax preparation training, loan officer licensing and training, investment / CFP training and it is all tied together in one big connected body of knowledge that emphasizes appreciation, debt pay down, cash flow, and tax write-offs...