Not all you'll meet are seasoned investors, some are newbies as well and trying to get their feet wet and learn as much on real estate investing.

I invest in a couple states and I also am a agent in new jersey. my rule of thumb for a client is when they say I'm hoping for in a sentence describing a property I dive a little deeper into there goals because it sounds like they are trying to fit a square block into a round whole.

He didn't deserve that and I do think people like that need second chances in life to get on his feet because if they don't ever get a chance to rent a place where are they supposed to live they can't just be homeless for the rest of their days.

I specify that it has to be at least 1000 square feet (SF) (bigger the better), it doesn't have to be a 3+BR, but if it's not and at least 1000 SF I can convert it to be a 3BR.

Just as I was thinking that I was rounding the corner.

At the hardware store buy the spray cans that reach out to 20 feet for around $10.  

As a fellow Northerner, I tend to buy in the Southern half of the US for 2 reasons:1) you get much higher year-round occupancy rates in the South & it’s simply tough to earn a good ROI in the North if your place sits vacant for a big chunk of the year2) Culturally, the Southern half of the US seems to be a lot more accepting of STRs regulation-wise.

We also plan to finish the basement, which would add about 700 square feet of living space.Before purchasing the property, we ran preliminary numbers, and converting it to an STR seemed promising.

I’m also scared of the downsizing aspect; we’d probably be looking at going from 1800sq feet single family home to 1100sq foot townhome).

For investors, this means there may be more flexibility and stability year-round.