Any leads and connections with investors who actively managing student rentals in Buffalo, NY area will be greatly appreciated. 

If the city's requirements are bare-bones but all active rental listings are more elaborate, we go with the market trends to make sure we are competitive & provide what tenants are looking for.

@John UnderwoodUnderstood, but do you think it should ever cross my mind in the future to dive into the STR realm so I can maximize tax-write offs (Passive losses offsetting active/earned income) from my Job later or just stick with the good, stable, LTR’s? 

Looking for advice - purchased first STR 2023 and we qualify for active income based on rule 3 of the material participation test.

This suggests some volatility in the market.Investment Considerations- Long-term Potential: The presence of a dedicated economic development partnership and active city government suggests efforts to promote growth, which could benefit real estate investors in the long run.- Property Management: With companies like Champion Investments managing a large portfolio of properties in the area, there seems to be a robust infrastructure for property management, which could be beneficial for out-of-town investors.- Market Knowledge: Local real estate companies like RE/MAX Select, with their 18 full-time agents, indicate a strong local real estate community that could provide valuable market insights.In conclusion, Shelby's real estate market shows potential for investment, particularly given its price growth and strategic location.

Attend events, schedule dinners, and actively connect with individuals who align with your investment goals.

They also make those moisture meters, that I have had roofers use in my attics to attempt to trace back sources.As noted, in my market, if you have active leaks that you are aware of, they need to be disclosed when selling a property.  

If through a syndication passively or actively as a managing partner, or if you mean smaller multifamily (2 - 4 units) which are still classified as residential. 

What this tool does is it takes active market data from the MLS and shows you the basics of the properties already analyzed for you. 

Second, communicate with your tenants and handle the problems as fast as possible so you can go back to watching Banaza or whatever leisurely activity you are doing.