If you want to increase the size of your financial buffer or are having trouble discovering possibilities in the present market, this might be a wise decision.Ultimately, your decision should align with your long-term goals, risk tolerance, and local market dynamics.

@Paul Kirhagis dude, it only took 3 minutes to find this group:https://www.freedommentor.com/traverse-city-real-estate-inve...If you can't put a better effort into a simple Google search, how are you going to succeed in Wholesaling?

Could anyone say with a straight face that he only owes capital gains tax on just the one dollar increase in value between days 999 and 1,000?

Quick list, pros- low vacancy rates, high rents, moderate/high home appreciation, high rents increases, demand is always there as people move/commute from NYC; cons- very competitive, pro tenant laws, high property taxes, some towns have rent control, high barrier to entry with expensive multifamily prices. 

It is resulting in increase to housing costs and poor returns for the hands off investor.

Granted, more of a problem on AirBnB due to their complicity in encouraging ever-increasing automation, but there is truly nothing worse than a late check-in lock-out without a safety line or concierge to assist.  

With that said, FF is only $149 a year after the price increase.

When setting up an account with a credit reporting agency, a landlord and property manager will submit a simple credit access application and supporting documentation that proves their need for access."

Seems like simple and less expensive is the way to go since net worth is less than $500k.

Because rents do not increase linearly with prices.