I come across people with limited credit history and/or no score.

They could have owned the home for many years and if homesteaded, are limited to up to a 3% increase each year.

I have equity on it and yearly i get around $10000 as rental income but the property is 1989 build and i am assuming that since its very old property the equity gain would be limited.

That limits LTR possibilities IMHO to some degree.

The town of Shandaken has some pretty strict rules regarding STRs, requiring a "absent owner" STR to be owned for a year before it can be used as an STR, and also limiting the number of STRs to 100 properties.

My business partner and I bought into it  quickly saw its limitations then just as quickly canceled our service  within two weeks.

Quote from @Makan A Tabrizi: Quote from @Bruce Woodruff: Quote from @Makan A Tabrizi: I'm renovating a studio apartment with limited space.

In my case I sold off appreciated properties in a location I deemed as having limited future upside, and used the proceeds to eliminate all debt on the better located prime properties I wanted to keep long term.

. -- appears to have some properties that would cash flow well, but may be limited on long-term appreciation.I'm looking to stick to market-rate properties.  

The maximum leverage I have ever seen in trading accounts is 50%, and that's very limited and select.