Way to many investors were buying properties for more then they were worth with hopes of collecting MUCH MORE than market rent.

I have a friend/neighbor that wants to sell me his house below market value so he can move back into an apartment and travel.

This is such an easy way to stand out against the competition in your market.

Quote from @Lee Banks: Hi my name is Lee I'm looking too buy my first rental property and but I feel as if I need a mentor to watch, I still need to learn the basics of real-estate does anyone in New York do programs or mentorships and where would you start if you first started real-estate today  Hello Lee,I'd recommend looking up local meetups here on BP, meetup.com and, eventbrite.You can also call around to speak with RE investors and professionals in your target market to begin making connections.With so much available information online, I'd recommend speaking to a few people and doing independent research before committing to mentorships.

As for Raleigh, if you’ve already seen the success of Airbnb-ing rooms there, it’s worth exploring further, as it’s a growing market with plenty of demand.For alternative strategies in Greensboro, look into renting by the room, especially for professionals or students.

I live in a very expensive market (Seattle, WA) and I am looking to invest out of State.

Most times when evaluating a DSCR mortgage, market rent will come into play.

Don’t forget. 2024 rent cap was 8.9% so you may never get “market rent”.

Quote from @Blake Steagall: Hello @Jaycee Greene, I do not own any real estate in that market yet but am interested.  

Over the years the only place I have lost money is the stock market.