Quote from @John Paul Palace: Our plan was to invest locally, however our market here is tough.

They work well in areas with steady rental demand like suburban neighborhoods or cities with strong job markets​​.Considerations: Your property management needs will be lower, but rents may rise more slowly over time compared to short-term options.Short-Term Rentals: High Risk, High RewardAdvantages: Short-term rentals can generate significantly higher nightly rates, especially in vacation destinations.

It sounds like a single family house where you will be living in the house(personal use).Therefore, you may not be getting the tax benefits you think you are.Consult an accountant.I am not sure why your sister would agree to this as well, she is losing $170,000 in this transaction and she faces the possibility of you increasing her rent.You also have to charge market rent or close to market rent or it is all deemed personal use.

Considering recent market insights, reallocating your $300K brokerage account into a multifamily property while keeping your townhouse rented could be advantageous.Warren Buffett’s Berkshire Hathaway has accumulated a record amount of cash, suggesting a cautious stance due to potential market overvaluation.

I'm interested in connecting with investors in the North Carolina market and share my knowledge and experience in generating cash flow properties.

Maine in particular has a few markets with a decent amount of multifamilies.

I am proficient in investing and confident in earning 7-10% returns in the market over the next decade or two.

I bought a condo in Norman Oklahoma 3 years ago and due to the rental market, I have struggled to get another.

That would probably be a good market for something like this.

I don't invest overseas, but I do invest in multiple markets across the U.S.