We have been flipping houses mainly and started 1 1/2 years ago.We are up to house #15I recently bought our first multifamily -  3 family in West New York, NJ at a Sheriff forclosure auction.  

@John Summerhays The system is relatively new (3 months).

New investor here too! 

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I'm curious—what key factors do you look for when considering a new investment?

The ONLY two ways this happens is either the current mortgage subordinates to a new first lien or you sell a large percentage ownership to an equity partner.  

Born and raised in New York; I have been working for a contractor for a few years now and have owned my own exterior cleaning business for 4 years as well.

Definitely second this - if you were thinking of taking 65% for yourself I would imagine you're pretty new to the STR management space (not a criticism, just an observation).

Hello everyone,I’ve decided to start investing in Rochester, New York.

It seems that those areas are full with new inventory. my concern is that is too close to the Mexican border and that there are many lands available for new construction.