As mentioned the SS industry has so many nuances but I'm sure Port Chester and Norwalk have some similarities seeing that they are about 15 miles apart.  

:-)A little background...I have been involved in buy-to-let real estate for the past few years in South Africa (Cape Town, Johannesburg and Port Elizabeth).

I have a contact here in Australia who is a tax agent in the US and also an accountant here in AU. 

Kimberly,We purchased a 1950's cottage in Port St Joe, FL last year and put on the STR market in March. 

I currently do this in DC by living in the basement unit and renting out the upstairs, but I doubt you could make this work in DC with only $50k down (you'd have to take out a $750k loan which you probably won't qualify for) But the price points in Prince George's County are around $250k-350k so you probably could make it work there.The numbers definitely work better in Richmond than in the DC metro area but if you are looking for experience then I would buy and live in your first property and self manage it to get the full landlord experience and take advantage of owner occupied financing.Good luck!

@Jim Hendershott Hi Jim, not sure if you are still looking to buy property in North Port but I currently have one for sale at 80% of market value.

Closing on one today.I'm looking for replacement properties in Pasadena, Deer Park, La Porte, Friendswood area near my work. $100-130k range.

Do not use the wide streets Milton, Montford or Luzern as comps for the narrow streets Like Rose and Port

I would like to meet some real estate investor in Port St.

Get it under contract but contingent on it passing an inspection Originally posted by @Prince Owusu:Hi Everyone,What’s the difference between wholesaling and being a bird dog?