Was just going over with my wife both the increase in Occupancy revenue change and the 2023 versus 2024 Marketing spend for this location. 

( Regarding interior, and not HOA, management, location)Anyone has experience renting for snowbirds?

My manager is largely responsible for that. 

While qualified dividends get preferential tax treatment, real estate offers:Depreciation deductions1031 exchangesCost segregation opportunitiesHome office deductions for your management activitiesAnd more!

I'm an investor and realtor located in the area and happy to chat ideas & strategies and see how I can help. 

If you buy good properties in good locations you can do fine in Buffalo. 

If there isn’t significant equity capture at this purchase price, and it’s not in a great location, this would be a pass for me.

@David YoungRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

Making sure we can manage our own properties in these areas.  

@Tayvion Payton I have managed many properties in neighborhoods like this.