My initial interest in out-of-state investing stems from the high cost of multifamily properties in New York and the state’s renter-friendly laws.

Jay thanks for the tip, it helped in searching and learning about "lead generators" in the fine print in lending and what means.

Congratulations on jumping into the STR market. 

Think of this;  if the buyer can't qualify for a bank loan,,,, why the heck should you stick your head into a note and mortgate noose??   

The market you’re looking into might be high cost and hard to break into, but unfortunately that is not going to get any easier over time.  

Since this program doesn't require reserves, your cash can go further.Let's connect. 

No market can promise you this.

More common is you move into bigger, more expensive homes that you buy, or perhaps downsize into a home without a mortgage.

Also any tips for automating this as much as possible and how to protect the property financially and property management would be appreciated.I ALMOST understand the rental arbitrage strategy if building a company scaling with say 30 + units and looking for high short term cash flow.  

Love seeing this.