Hi All, im new to biggerPockets and currently in the process of research in hopes to purchase my first rental in Scranton or surrounding area.

Patrick  I was a CFO for a PM company managing 1500+ units using AppFolio.I am currently consulting for a PM company with about 200+ units and set to obtain another 45+ units by the end of this month.not sure what kind of guidance but I think I can help. 

Hi there, my wife and I live in California and are currently under contract on our first rental property, a duplex in Bismarck, North Dakota.

In this current interest rate environment, I’ve found notes (those underwritten well) to be doing very well and paying pretty consistently.

Currently in the process of developing a 10 acres in the Roanoke, VA area.

You are living next door for a year so your choice to rent to someone may have a direct impact on your life (unless you are not home most of the time).Cheers and good luck!

@Jonathan Klemm thank you for the response.I’ve been looking in Humboldt Park mostly since I am very familiar with the neighborhood and its in my purchase range.I do not currently have any investment properties - just been analyzing deals.

One of his questions was the transition of the properties from his current PMC to mine.

That means that it's grandfathered in as triplex (but if it were to burn down, it couldn't get rebuilt as a triplex, but as current zoning as duplex). 

We can definitely explore options for a mortgage on your $350k property to fund both your current renovation and the purchase of your next investment property.For the new property, we can also consider a separate mortgage to cover its purchase and rehab costs.Regarding the rural location, while it may limit leverage to around 65% of the property's price/value, we can work within these parameters.Given your equity position and experience, I'm confident we can structure a solution that meets your needs.