Property is $6.5M, leased for 20 year corp-guaranteed with a current rent of $450K (10% increase every 5 year).

The home in mn over 20 yrs averaged 2.8% increase per year.

There may some merits to investing upstate/western NY, but I would suggest doing some serious homework into eviction timelines, annual rent % increases, etc. 

They bring higher tenant turnover, limited cash flow, and attract traditional tenants who aren’t your ideal long-term buyers.

JobsOhio projects that, indirectly, approximately 4,500 additional jobs will be created by 2035, further amplifying this effect.Implications for Real Estate DemandThe substantial increase in the workforce will drive demand for both rental and owner-occupied housing.

I think it is important to increase my ability to provide cash flow outside of real estate.

When they started screwing with us last week about appraisals and then having to give them an ‘after reno’ price for the house when they had no idea what we were doing the house to increase its value, I did mention to the partners I thought we’d been scammed.

You can add different ways to reach out to improve your conversion for owners you are hitting or you can increase the amount you are sending. 

So if there are any issues, I'll see those upfront and can adjust my plan as needed.He has already mentioned he's ok with me removing the tenant or raising prices if necessary.See my other comment regarding Deal Calculator change and maybe presenting an schedule rent increase option for the current tenant.

Quote from @Justin Brin: I created a heat map showing the population changes in each state over the past five years (2020–2024).The states experiencing the largest population increases are Florida, Texas, Utah, Arizona, and South Carolina.