For example Washington DC limits building height which is dumb.

All these details should be taken into consideration when calculating an offer.

FHA rates can be considerably cheaper now, especially if you buy the rate down into the low 5s or high 4st. 

Risk reward consideration.  

Purchasing property requires a considerable amount of cash upfront.

Lot's of opportunities with owners selling who purchased at the height of the market end of 2021 and 2022. 

I tried to look at some properties for STR in Pocono Lakes, Hudson Valley, and Jersey Heights as this will be my first investment I'm worried as these will be good locations to go ahead for STR.

"Under the provisions of Section 1101.002(1)(A)(ix) and (x) of the Real Estate License Act a person making a referral of prospects or property for the sale or rental of real estate must be licensed under the act if the referral is done with the expectation of receiving valuable consideration.

The going rate for private money is considerably more than 7% (generally 10-14% in 10/2024).

Thanks for all and any considerations.