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.

It's a hot market for eyeballs because of cash flow, but a lot of new OOS investors don't know what they are getting and where and how to manage it.Thanks, Jonathan. 

I bought two SFR is Desert Hot Springs (years ago). 

Ultra wealthy to me is the exact opposite of what got you there.  5/3 house in Nice and another in Buenos Aires.  

The fact its in a landbank tells me that it was taken back for some reason, which tells me its likely not a high commercial demand for development, but I could be wrong.If it is "on the main drag" in this town then I'd think doing a new build home to do a targeted and intentional air bnb would be the best bet. 

BTW, did you book the United flight using the Air Canada portal?

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. 

Hey BP community, wanted to know if any of you have any good resources that clearly map out laws/stipulations of operating an air bnb out of a property in Westchester, NY?

Quick tips…✅ Everyday Homeowners - track all home improvements as you could qualify for energy efficiency home improvement credit - new exterior windows, new central A/C, new hot water heater, new insulation material.✅ Investors - Keep detailed records of ALL rental property expenses to reduce your taxable income - helping your CPA spot additional tax saving opportunities.Imperative to use a CPA who is well versed in Real Estate tax code.My CPA is just that - DM me to get his contact information....

I guess not to buy since I just finished one of the new BP podcast episode - Rent INSTEAD of Buying by Jonathan lollKeep on renting does make sense at least for now (and maybe a little longer since the housing market is still HOT around here.)