Hi all, I am currently in the process of closing on my first rental property.

With its proximity to NYC, numerous public transportation options, and overall vibe and attraction, it is no wonder why the popularity has been reflected in the buy-and-hold rental market.

Hello,I hear a lot of "legally valid" reasons one can ask/force a tenant to leave your rental in the county of Riverside, CA ( for example: "you don't need a reason, just give 60-day notice," "if you're having major construction done to the place like foundation issues," etc).

Keep it trim, let her out and find a new tenant capable of paying.Truth is money is tight for a lot of folks and we'll see rental flat line or decrease cause not many can pay these rates anymore.

Ideally short or long term rentals.

If it is also not growing or rural - then that is another red flag.For me I would not buy this as a rental.

It is part art and part science.Many of our rental properties are almost identical down to the finishes and cabinets (and in the same suburbs of Milwaukee) and I get a 10% swing on appraisals - at least 5% in either direction.

I am interested in owning long term rentals.

Yeah - this hits on most of the strategies that are still making the numbers work in this market = multi-unit, secondary markets and creating value through BRRRR (buying/renovating -->stabilize instead of turnkey rental purchases)

But I had thoughts about buying in the pocono area to then eventually turn it into an STR, then buy a nicer more permanent Single family home that’s paid for by my rental properties.