You can find properties in the price you indicated but they have historically appreciated less than inflation, they may attract poor tenants, they likely will have poor rent growth    Or house hack local market and need at low as 3.5% but easier at 5%.  

I've been interested in purchasing an investment property for several years, and honestly, pitching a STR unit on or near a lake was a much easier sell to my wife than a traditional rental.

Much easier to work with than rr ties.

Good morning “Upstate” crew,I originally posted this in the wrong thread (I think) so I’m reposting this in the Upstate NY group to better target the Binghamton area.

As it will be my first home for investment purpose, I am looking for single family property, try to get a good tenant ( that’s why I initially was targeting on A/B+ areas) to get foot in the door and start having hands on in rental investment.

There are plenty of reasons, and a 1031 is really a lot easier than you think.

YoY is flat.Rentals - Months of SupplyAbout one month of supply for our target rental property profile.

I prefer Kyle as i have done investment props on both areas and Kyle seems easier to rent out to me. 

With having young kids and working full time, being able to buy a house that needs mostly cosmetic updates that I can do myself would be easier than buying a property I would have to travel to without the family to work on. 

Ultimately I've found it easier to just take ownership over any situation.