Looking for some opinions please..I am on track to close on my second investment property (3/2)  in a few weeks or so with flexible plans for the Seller to rent it back at a discount for a couple months. 

Days on Market (DOM) since Q3 of last year.Single-family residence values continue rising and are selling for nearly 9% more than last year - National average for home sale price increases is 4% since last year per one of BP's most recent podcasts.Multifamily properties in Queens have sold for a median price nearly 6% above last year, jumping from $1,058,000 in Q3 '24 to $1,120,000 in 2024.Lastly, despite inventory increases, the # of sold properties has declined when compared to last year.

Do you have a loan on the property? 

Im looking at a property that has two legal units and a third that is not.

Just be sure to select a reliable property manager that aligns with your expectations

Investors also appreciate lenders who understand the nuances of rental properties and provide fast, reliable service without unnecessary red tape.

I'm hiring a property manager and the management contract requires a waiver of subrogation in favor of the property manager.

@Glenn N.Typically when lending you pay taxes in your home state only but if it defaults and you foreclose then you own property in Florida and would be subject to Florida taxes

We are closing on a property in Akron.

I understand federally I can deduct payments on mortgage interest, property management fees to my onsite property manager, maintenance, etc.