Annual cash flow is around $40k.Total initial investment is around $120k.

Will STRs go long term ? 

You expect a long home search where the agent will have to schedule lots of showings for you, over a long period of time?

So far - I have been making a ton of posts on different Facebook groups and just now made my BP account (I have been a LONG TIME lurker here).Thanks in advance and I appreciate any and all help.

Hello everyone,I recently relocated to Eastern Pennsylvania, just outside of Philadelphia, and am excited to start looking for my first long-term rental property in the area.

The CAP on that was fair and enough for me to cover my expenses, debt payment and put some cash in my pocket every month. 

Heard through a friend as potential for cash flow even with current rates and growth potential due to proximity to TX north border, casinos etc.   

Focus on cash flow and build a network through local real estate meetups and online groups.

I've owned this home for a long time, but in the beginning, property tax and home insurance, were way lower.

Hey Todd - I said the regulations were strict and it made more sense for me to have long term rentals.