Quote from @Makani Donaldson: Hey everyone, so I started briefly looking into my markets that I would want to get into then met with a lender.

As a starting point: -If they work full time and make $700k a year -Don't want to or can't spend time self managing a short-term rental -Don't have a spouse who wants to take the lead on managing the rentals They are likely not going to directly reduce their taxable income with real estate year-to-year. 

A duplex is a great starting point.

I'm happy to answer any questions you have about analyzing markets or getting started.

I am about to start a full rehab on a 5 unit brownstone in Bed-Stuy...

When I started our STR I had the old oil furnace removed and replaced with a heat pump.

I feel the investor is off to a great start.

Hey BiggerPockets Community,I’ve got 2 extra tickets for Hunter Thompson's RaiseFest happening at the Arizona Grand Resort & Spa — starting this Wednesday, February 19.

yeah the tenant pushing back is my concern. it just so happened that this happened with the tenant that seems to not like paying. and the heating is electric and this winter has been extremely cold which caused the electric bill to jump up to $800!

You could use a HELOC from your primary residence to fund renovations and rent out the vacant units to start generating income.