What the local shop has, is what you get, unless you want to travel farther to see what else others have.

Deduct mortgage interest, property taxes, travel, and operational expenses.

Broken glass lantern by the pool, smoke detector hanging in hallway, broken ceiling light in the bedroom, face plates missing or missing screws.

Walking score of 95.Pre COVID rental numbers:Monthly gross rent $15,250Cap rate 7.1%Future rental numbers:Estimated Monthly gross rent after current tenants move out $13,950Cap rate 6.5%Because monthly rent looks to be about 20-30% more if you rent by the month, I am considering renting out my duplex for monthly rentals on Airbnb/other sites and potentially for travel nurses (ideal because several hospitals are walking distance to my house).

Outside of real estate, I enjoy Working out, training my German shepherd, and traveling with my family.

We have traveled worldwide together on cruises and various different seminars from various different speakers and he smarter than the average investor, going on the type of trips with speakers that he and I have gone to has certainly helped both of us he's outstanding.Dr Butler Portland Oregon 

I'm sure there will be others with their own (and possibly conflicting) opinions, but for question #1, I always advise my clients to focus on properties in areas that 1) they currently (or previous) live in/near, 2) they travel to frequently, or 3) they have family/friends in the area.For question #2, the answer is going to depend on what you do for #1.

Managing five rentals can eat up a ton of time in any given week, often at times that are inconvenient to you and your personal interests (family, hobbies, travel, etc.).Of course you can manage on your own.

I have traveled through every province in Canada.

I'm sure y'all already knew that!