I think both of your strategies have merit, but here’s my take based on what you’ve laid out.Moving to a rent-stabilized apartment and renting out your condo as a mid-term rental could be a smart pivot, especially with its location near a hospital and LGA.

Forgot one detail the new California based lender committed to funding as long as the property isn't in an evacuation warning area.

Quote from @Michael Overall:I understand the utilities will go to basis, on the interest is it able to be yearly deducted based off the conversation you referenced if using form 4952According to one of my colleagues on that thread - yes.According to court - no.

You can get something that's turnkey or new construction at this price point, and most importantly, there's a strong tenant base ready to rent out these homes.

Hey @Benjamin Jones -  Fellow Japan-based investor here.  

I'm looking to purchase my first rental property and have been searching for a deal that would generate positive cash flow based on my projections.

👋My name is Anthony, and I’m an investor based in East Hartford, Connecticut.

Bigger Pockets is a great place to learn and connect with fellow investors.I’m an investor based out of Columbus, OH.

Compared to other towns in Oklahoma.There is also an army base in lawton which helps keep the population high and another reason why the rental demand is high out there!

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