We aren't perfect, but definitely have more favor for landlords than NY does.

From favorable lending rates to tax benefits for homeowners, these policies are designed to encourage buying and selling activities.

@Shivam Patel You are actually in a decent market (lucky haha) to get started, we have several assets in Houston where you can find favorable rent-to-value ratios.

No one ever wants to do a cash in refinance but IK Lexington fairly well and that maybe the case here.However, there's a third option that I believe is more favorable.

Time will definitely work in your favor.

I know that the area has more plans for expanding so I think finding renters would be in my favor if I were able to find a rental home.

Still wanted to be close to CA and Lake Tahoe but have much more favorable tenant/landlord laws, property taxes DO NOT reassess on the sale, stable diversified job growth, population growth, land constraints force appreciation, and a ton of outdoor activities that I enjoy. 

Typically, anything in the middle range has a reduced risk and more favorable terms. 

Despite mortgage rates being double what they were two years ago, the overall borrowing environment remains favorable for state and local entities.Key initiatives driving this surge include efforts by entities like the Michigan State Housing Development Authority, which recently launched a $425 million bond sale aimed at providing affordable mortgages to over 2,700 families.

Despite hopes for rate reductions to alleviate these challenges, banks are constrained in their ability to provide favorable terms for refinancing, leaving investors facing the prospect of contributing more equity or selling properties at discounts.Jerome Powell's Outlook and Market Dynamics: Federal Reserve Chair Jerome Powell's cautious approach reflects the delicate balance between economic stability and inflationary risks.