You can then rent at market rate but have to register it with the town annually and abide by their annual inflation rules.

NJ is a big one—places like Newark, Paterson, or even smaller towns have better cash flow potential.

One way to make money is taking a cut of the Gurus sales that come to town.

Does anyone have experience employing out of town people with 20 plus years experience ? 

A couple of Roof claims due to storm damage in Tucson, and we had several sub-to deals in Oklahoma when grapefruit size hail decimated a big section of the whole town. 

Hi i have lived in Dubai for 10 years and the benefit now is to buy in 5 areas being Dubai Marina which cant be replaced it is on the sea .Apartments in OLD TOWN this is right by the burj khalifa ,there cant be another burj khalifa.Palm Jumeirah there cant be another .

Scranton, PA has been a hotspot for out of town investors.

Close to a cool little town, close to an area attraction, etc....Also do a search here and see how to screen guests, in addition to what the hosting sites do.... like no last minute bookings, no short stays....

I want the cash flow to cover any expenses the property may have.With my next property I am trying to figure out what state/town to go to.

It is essentially the last town before the pass.Regarding what @Lisa Marie said, there are is a ton of good info in there but for your needs, you need to increase the cost to clean.