Our goals are more long-term (buy and hold) and lean more toward appreciating markets, but are not opposed to more CF markets, if it's the right deal.

@Josh Urrutia this will be a primary home, so I will be holding it long term.

It's a HCOL area and long-term rentals are not profitable at current interest rates, which is why we went this route. 

I looking to BRRR and long term hold on commercial property (office and retail). 

Purchase price: $575,000 Cash invested: $140,000 I live in the house that I bought it as a long-term investment.

Appreciate all the responses and advice I read them all with thought and made my decision I’ll evict if the SD isn’t paid by end of the month.To answer some questions I bought the house when I was young (24) It was a fixer upper so I was desperate for tenants and I’ll be honest I didn’t know any betterOne reason why I waited this long was because I’m in NJ we had extremely strict laws during Covid and courts were closed for about 3 years also he pays rent (current market value) every month and doesn’t trash the placeIn a way I’m glad this happened though you can only learn from your mistakes and I’ll DEFINITELY be more strict moving forward Thanks again everyone for helping me make my decision

Not sure how long that's going to last.

If you miss renting to students around August 1 or before, you may wait a long time.Also college students tend to be pretty rough on wear and tear of the homes, so you want to budget for that. 

She said she doesn’t want to be a landlord but has listed 2/6 units for furnished long term rentals to see if she can generate more income than her current STR situation is bringing in.

Lauderdale and I focus on sfh flips and long term rentals