Quote from @Brandon Vukelich:If you buy a vacation rental in Hawaii, then you're tied to that location.

Investment Info:Single-family residence buy & hold investment.

Which area did you buy your first property in? 

The general rule of thumb when using debt is to ensure that whatever asset you buy with the debt should make more than the debt service.  

Focus on analyzing properties and starting small, like house hacking or buying a single-family home to rent out rooms, while ensuring cash flow and maintaining an emergency fund.

Financing seems to be tricky with IRA hence feel that its best to buy with self funding fully.

.: As a contractor and flipper, I dont buy materials from retailers or online.

(or if they're primary buyers, they don't care about yield, since they're going to live there.)i just went to visit two very distressed properties yesterday that i would buy.... if they were priced 50% lower.  

Would also love to connect with experienced Cleveland rental investors.Much Thanks Cleveland is one of the few markets in the USA where buying stuff with the 2% rule is still feasible in 2023.

Most who get tripped up are those buying the smaller multi-families that don't possess the correct use permit/historical rental license activity.