I don't plan on ever holding or mortgaging the property especially since it won't cashflow.In my this sounds like a pretty straightforward play given the steady growth of the area's tech sector which I believe will actually be accelerated given a lot of tech companies are looking to open satelite offices in Canada due to the encouraging adoption of remote work, cheaper and abundant tech talent and uncertainty of american immigration causing a lot talent to move to Canada.The biggest risk I see is whether or not the specific property I buy will be in demand in 3 years:Who are the demographics that will actually be buying homes… not the 22-24 year old coming out of school and working at a tech companies but perhaps the late 20s to 30s folks who are settling with a partner and kids.

All of these guys (6 in total) have good credit and immigration papers in the works (both of which I think they care about).

All of these guys (6 in total) have good credit and immigration papers in the works (both of which I think they care about).

I will say this NYC is a wonderful place to inherit property, sucks to be the immigrant grandparent who bought it, forced to live there. 

Before that, they immigrated from another country to the US. 

You are eligible for a traditional mortgage (these offer the most advantageous rates and terms as they are backed by investors) as long as you meet the requirements below:-You have a Social Security Number (SSN) or Individual Taxpayer Identification Number (ITIN); and-You have current, verified status, which may be documented by a valid employment authorization document (EAD), or other documentation showing immigration status is current (e.g., Green Card, work visa, etc.).If you do not meet those requirements, then you will have to find someone who offers private loans.

There's a huge demand for rentals as more immigrants, students (~15k-20k/yr) are coming, say 40% only stays here for long term.

Otherwise, I have the same screening requirements of everyone, and make sure that my screening criteria safeguard against risk, and don't screen out people based on any status that wouldn't matter, like immigration status.

Put up pictures of blond-haired, blue-eyed Jesus carrying a little white lamb and ministering to his equally Nordic disciples.

Pick your number about how many stay in Texas, but something like 2million immigrants have crossed the border this year.