However, given the current home prices and mortgage rates in areas like Natick and Framingham, I’m uncertain if rental income will cover costs like PMI or if these areas offer good potential for appreciation and equity growth.Any suggestions on areas that meet the 1% rent rule or have strong appreciation potential would be greatly appreciated!

Analyzing deals and building a strong network are essential for success.

Credit and Loan Requirements: Traditional lenders usually require strong credit, significant down payments (20-25%), and a proven track record, which can make it harder for newer investors to secure funding.Could Private Lenders Be the Solution?

It’s worth weighing that against the benefits of accessing that equity for future investments.Since you’re considering DSCR loans, that could be a strong option, especially if you’re focused on rental income covering the mortgage—no personal income or DTI requirements needed not to mention the easy qualificaiton process compared to conventional.

In Jacksonville, the market continues to be strong in 2024, with some cooling off after surging activities of previous years.

Vacancy rates are strongly correlated with property management.

However, you might want to consider diversifying by looking at markets outside of New York that have strong growth potential but are still affordable—places like Indianapolis come to mind, where I’m currently focusing on new build duplexes with strong rental returns.Suburban vs.

Use this experience to work out the kinks and build a strong boots on the ground team.

I keep hearing that it makes sense to focus on markets that have strong economic and population growth, but there's really no overlap between population growth, economic growth, low prices, and low taxes.So my question really is, what's the best way to get out of this?

If that’s the case, I strongly recommend managing it yourself.