Quote from @Erica King: I like the concept of duplex and 4plex . so I could stay in one.

I know that I should try to stay at 60% - 70% LTV.

People will be looking for places to stay.

Seriously Disney for STR.Also all these regulations in CO surprise me.   

I have built in the past and I do not understand how anyone can build a house for 250k that will last.As an agent I focus on high end relocation clients and many are positively surprised by the build quality compared to the south.

My problem i is my market is super expensive if I stay in the nyc area and I don’t have the confidence since I don’t have any actual experience to invest out of state do you guys think paying off my mortgage would be more beneficial than looking for more rentals .

But as a data point on Huntsville: my Huntsville property with REI Nation turned over in May 2024 and stayed vacant for serval months.

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

For BRRRR i would stay away from New Western.

This keeps you from cutting corners or hesitating on necessary repairs.7.Stay on top of rent increases & lease renewals.