Financing can be trickier in smaller markets, so work with an investor-friendly agent and lender who know the area.

We do not raise it to market rents, we keep it at lease 10% below to try and reduce turnover.

My problem i is my market is super expensive if I stay in the nyc area and I don’t have the confidence since I don’t have any actual experience to invest out of state do you guys think paying off my mortgage would be more beneficial than looking for more rentals .

Fix-and-flip is an exciting area, and being flexible is important in this changing market.

The best strategy really depends on your goals, risk tolerance, and your market conditions.

Just as bad as the posts you see from time to time of the grandchild wanting to work out creative financing to buy their grandparents house below fair market value.  

Which ones will still deliver in a down market? 

I have purchased an off-market property from an investor who now wants to sell the rest of his portfolio.

Off market deal from a previous listing a year prior.

Homes that will hit that 10% ratio as a short-term rental aren't easy to find anywhere in this competitive STR, market.