It’s always interesting to hear about emerging trends or hot opportunities in the market.Looking forward to seeing your insights and contributions here.

The market is very hot right now.

I am in Milwaukee, very hot rental market.Whenever you have an issue like this, think with an XLS and project dollars, for example:- 2 months lost rent: 2 x $2000- 5% lower purchase price: $15,000 

STR regulations have been a VERY hot topic here for the last year (and even beforehand).

First you need to learn to separate the following:Maintenance: usually things related to wear & tear or tenant damage.Repairs: usually broken items like doors & windows, caused by tenant or nature.Capital Improvements: usually expensive things that wear out: hot water tanks, furnaces, roofs, etc.The seller is correct that Repairs & Capital Improvement items should not be a factor for awhile (ALWAYS get your own inspection to confirm).

Thanks in advance to everyone who shares their thoughts.Let's pretend I'm some 23yr old know-nothing in real estate BUT what I do know is Real Estate Investing content sells like hot cakes. 

I used to help managed STR's in Nashville.

Jersey City is hot right now but like I tell my clients the majority of the time I can find them deals that make more sense in Essex County but that depends on the client and what their needs are along with their comfort level. 

I used to have one many years ago and it never got very hot.

Outside Lisbon/Oporto/Coimbra (very hot markets) probably 570€/month on a 3 bedroom condo would be a B level medium rent income.As always, this is theory only, I have no real experience.