It seems the NW is to expensive to get into unless there is 2 or 3 investors partnering up and the only place that is affordable is SE but I don't like the area.Would like some pointers or advise.Thanks!

You need a finance type attorney, not a real estate type per se, to guide you.

This person would NOT be subject to SE tax and would be taxed at the capital gains tax if the property is held longer than a year.

I don't know if this is a scam, per se, but it does seem like they're trying to profit from you right out the gate, and that's no good.

I'm in the NYC metro area, not Rochester but as far as I'm aware there are no state licensing requirements for landlords per se.

Right now, I am looking at Multi-Families in SE and NE to house hack too.

Pursuing a buy and hold strategy of small multis in Rhode Island and SE Massachusetts with a goal of generating $40k annual cash flow in 3-5 years which would get us to our goal of financial independence.

I have been lurking on the forums for a little over 2 years. I never built up the courage to post because I felt like I've never had anything to contribute to the BP community besides the same newbie questions. Which ...

Speaking for a place I had in Vancouver, once the LRT (skytrain) opened in the area, the house prices increase a lot, not the rent per se, but the value of the home itself.

With upcoming renovation projects curious to thoughts in SE?