How much weight do you give to the cash flow benefit of cheap debt when the property is priced above market?

Hi Jack, there's a lot of old stock - I've traveled there and seen it myself, but word is out of Syracuse and it has shown up in various BP "lists" over the past 12 months as well.

A lot of out of state investors see super cheap houses on Zillow and don't look at why they are so cheap.

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

Travelers, Farmers, Steadily are some who allow this model.

How much weight do you give to the cash flow benefit of cheap debt when the property is priced above market?

We are both nurse and plan to travel for a good portion of this time, so 'living' in the small 1br or studio apartment for residence purposes will not be a major issue for us since we will rarely be there.

If you can do it, in ground all the way.Nothing screams cheap like an above ground pool.

Cheap is expensive!

I’ve been researching options like offering fully furnished rentals for traveling professionals or executives, especially with major employers expanding their footprints in the region.