Although Philly is not a viable option, I am considering investing in Delaware, Connecticut or Maryland which is not too far away.

EXACTLY JOE  I know its soup de jour right now to talk about massive amounts of properties all leveraged to 80% or as high as you can get them.. but like was mentioned from Mr.

these are the recent ZHI changes for future 12 months appreciation, huge changes, it seems only AZ and FL would have mild market in 2024 while CA going to have mild decline , I am surprised FL is de facto strongest market in last three years.As for @James Hamling, looking at ZHI, it seems we're not going to stagflation scenario but has more bias toward soft landing in 2024, core PPI declines substantially today.

@Javier De la Rosa Thanks for the recommendation.

@Nithin Mathai, I will say I had a good long read of the Rental Quality Support Ordinance. https://rockfordil.gov/city-de...That has a lot of info about annoying rentals and a STR could cause any number of violations if the neighbors complain.I would keep on trying the city to get the skinny on it.

Basically, you need to invest through a Delaware Statutory Trust.

We went with a de-facto month-to-month oral lease for the last few years, and to some degree I regret this.

If your looking for multi units, Delaware county is the way to go.

The City seen the problem as well as we did, the dumpster was servicing 3 different MF properties on a cul-de-sac and after multiple complaints from Landlords, PM's and residents the City stepped in looking for solutions and that's what they came up with.

You probably couldn't do it even if you wanted to, because this house has stone walls.That leaves areas A,D,E,F.