I think RE now is a long term appreciation play so it's important to buy a solid asset, not just an inexpensive property (repairs costs, capital expenses like my stolen AC unit, potential tenant issues, etc). 

Great book that talks about investing in a different light, not giving you strategies but looking at it from the reader's relationship with money and how their psychology plays into their preferred methods of investingGino

Check out this BP article on BRRRRs and how DSCRs come into play for the refi portion.

Outside of real estate, I enjoy working on vehicles, fixing things, and playing with the latest in tech.Excited to learn and connect with you all!

I played baseball at the college I am trying to rent out so I spoke with the coaches and they will recommend players to live at this house.

The only way to combat this is to play their stupid game an fight your property taxes every year. 

I've started my journey in the expensive Seattle market and found house hacking a duplex gave me a tremendous boost as my first property.The top 10 advantages that played out quite well:1.

You could play golf at one of the top public courses in the world, surf, fish world class waters, hike, dune buggy, or nothing at all.

I think the other commentators have it right - a HML that is willing to take an investment that is small is probably not vettable and not a smart play - however if you have ~$500k or more to put in, then the legitimate more easily vettable firms would pottentially be interested - and you would be able to see the sophisticated setup, documents, structure etc and be able to research accordingly

Proximity to NYC, demand, amenities, and seasonality all play into why those are great.