Additionally, I personally like the Northeast market, much less competition since people interpret the tenant friendly aspect as more challenging, but with that comes less competition.

Many investors use a general rule of thumb for midterm rentals that they should earn about 50% more in rents than an equivalent long-term rental (whereas short-term rentals should earn double or 100% more than if the property was utilized as a long-term rental).However, for DSCR lenders, change can be slow and challenging, and many lenders prefer and require more precise qualification measures than rules of thumb.

While finding a property manager might be a challenge, house hacking could be a viable option.

 I have experienced mental illness within my family and it is challenging, I don’t want to assume risk for my tenants situation unnecessarily.

Challenges?

@Dan Rivera  Your analysis does not account for the challenges the lower tier real estate (Cobbs  Creek as an example) has absorbing expenses and cap ex.

Account ClosedThe challenge for any PMC is trying to keep ALL their owners happy - despite owners having various approaches to maintenance ranging from:1) Slumlord2) Over-improving like they will live thereOur best approach to all this is to, "Maintain to the Neighborhood". 

What challenges do you face in Spain?

Taking that step from theory to practice can feel daunting, but you've already laid a strong foundation by educating yourself.I’ve been working with real estate investors, particularly in the Indianapolis area, helping them find and invest in multi-family properties.

That would put you between probably $3500-4500 depending on dp, property taxes etc. 85k salary, let’s say you are taking on home 60k, like even with house hacking, you’d simply at best be extremely house poor, at worst would be challenged to afford the mortgage, the vast majority of people buying homes in our area at this point in the cycle for a variety of reason are dual income households, tbh for a single person making 85k a year, you are just much better off renting or moving to locol area if remote or hybrid.