But if you had property in FL, AZ and NV and your LTV was 50% or more before it hit, your LTV just went to 100% or worse and that quickly dries up options on reacting to such a market....or survival.You look like a young guy, you've got a lot of runway in front of you.

Native New Yorker, invested in FL and elsewhere.

The inspection report came back yesterday and it identified a few items I'm not sure how to react to. 

I feel like there's a lot of value in just getting started period, and if I don't act now, home prices will continue to rise, and the only thing I'll gain is becoming an expert at using the bigger pockets rental property calculator.Curious if others have input, have maybe been in the same boat, and how they've reacted to scenarios like this.  

People tend to react in extremes.

Hey John, as a fellow NJ native I completely understand the issues with high taxes/ cost of living.

I'm a lender native to the Cleveland area if you have any questions on anything.

If you don't offer the option to renew until July 1, then you may want to require a decision no later than 7-14 days so you still have time to react if they choose not to renew. 

All of that takes additional support as opposed to reactive property managers that are just reacting to one emergency after another.

I'm a Chicago native and real estate investor/agent.