If you’re looking to continue to invest in your backyard, it helps to network with as many locals in the industry as you can.

There is no PPP and the closing costs are slightly lower compared to a DSCR loan. 

It’s a little more work to set up, but if you get a solid property manager, it’s not as scary as it sounds.If I were you, I’d keep digging into the Capitol region, NJ, and CT—compare the numbers, and maybe even start building connections with agents or wholesalers in those areas.

Some rents in what some define as an A may hold strong values but rents compared to purchase price may not be comparable to a B.

The tech industry and manufacturing growth in Reno also provides for a different client for short term rentals, something to look into.

Owning the multifamily has it's challenges as everyone knows when you compare NNN to multifamily.

We specialize in helping investors access opportunities in both residential and commercial markets, leveraging our network and industry knowledge to identify high-potential deals.

We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

Most everything in Cleveland seems like an awesome deal when you compare it to the pricing you've seen in NYC.

However, the rental value this area is very low compared to the Home values and mortgage rate.