Purchase price: $424,500 Cash invested: $20,640 I purchased a small detached duplex that I plan on moving into one and keep the other as a rental.

I point them to the local watersports rental company that drops boats and ski's right at the local marina.

They are major BRRRR projects with the main exit strategy being to hold as medium term rentals.

What I see most often is property managers get paid a % of the rental revenue.  

My problem i is my market is super expensive if I stay in the nyc area and I don’t have the confidence since I don’t have any actual experience to invest out of state do you guys think paying off my mortgage would be more beneficial than looking for more rentals .

Tourism keeps short-term rentals booked, while long-term rentals offer solid returns at a lower price point with steady demand.

This affordability gives investors the chance to acquire valuable assets while taking advantage of the potential for appreciation as Detroit continues its revitalization.Another benefit of investing in Detroit real estate is the city's growing rental market.

I personally own 2 rentals in Indiana.

PM companies charge a lot and if you don't have multiple rentals why pay them? 

I have three rentals and my primary residence here in Springfield Illinois.