There are still deals in the eastern sections of Bed-Stuy and Crown Heights (closer to Broadway Junction) around the $1.2mm price point and Sunset Park at the $1.4mm price point.

Overhead is large but you can collect 11k a bed a month

My all-in budget is about 150k cash (HELOC) and I found a property that looks pretty good, but the sellers are not budging on price.It's a 3 bed/1 Bath 1500 sq ft built in 1945. 

The cost *is* historically very high like the rest of the market, but not prohibitively so. 1 Bed condos go for ~90k - 150k and 3 bed go for $250k - $350k.

Purchase price: $180,000 STR in northern Minnesota. near Lake superior.4 Bed / 2 BathSelf managed from across the country.

I've been able to get city owned homes and update all the essentials; roof, plumbing, electrical and service the HVAC for 3 bed 1 bath houses that rent for $700-800.

The long version w/confusing information and a small bit of rambling/trying to process:I spoke with a STR company, and they suggest some parts of the area, a 1 bed/1 bath cabin: Situation A, have 15% occupancy off-peak, and 50-70% occupancy during a 4 month peak.

Purchase price: $243,000 Cash invested: $13,000 4 bed 2.5 bath SF 2 story.

We have a cheat sheet list of each property, bed count, link we refer to often we keep in Google Keep.

Cute updated decor, comfortable updated beds, well-equipped kitchen, etc are all always appreciated and noted in reviews.