So, I came across this property which is by the university that which I attained my masters in medicine. 

Any market, any area, this is a universal. 

I will give you some of my highlights.People in Texas complain about their property taxes at 3% ours are about 4.5%.New York in general and Monroe county specifically are very tenant friendly.Depending  on the town, the code inspectors/police can be quite anal.Since Covid and the 2020 protests we’ve seen an increase in crime in the city and therefore weakening demand in the city proper and increasing demand for the suburbs.Industry is well diversified—University of Rochester (medicine) L3Harris (defense) xerox (IT) and paychex (software/hr)) and relatively recession proof.Population growth is low and therefore appreciation (except the past 4 years) has been moderate as well.There aren’t many builders in the area so supply is relatively fixed.Home (and rent) prices are both affordable with homes typically being less than 1/3 median household income and rent being similarly affordable.For single family homes at 8% rent will cover piti with about 100$ to spare in the A areas.

As said above go buy paint brushes and start painting tonight. 20 minutes on YouTube university is plenty good enough to paint a rental.

Enrollment was down at our university the last few years.

We have strong medical providers here, two major hospital chains, Clemson University and and Furman University or nearby. , and then it's also kind of a.

On top of that, you have one of the biggest and best universities in the world here with Ohio State University.

A common metric they'll look at is your Global Cash Flow/DSCR which will be affected by your cash out refinance (higher mortgage payment than you've had in the past. 7.

Let's not forget about Syracuse, NY (but just from an investment perspective).Syracuse, a prominent city in New York, offers a rich tapestry of culture, history, and education, highlighted by institutions like Syracuse University.

You can focus around Universities, or old town as a start.- Investing with a Friend: You have to create an LLC and a good operations agreement.