A “company” that wastes their marketing dollars mailing to houses where title transferred in the last three months and that appear to be active construction sites isn’t one I could see myself sitting down with.

However, if you only live 1 or 2 hours drive from the property, try to still manage it yourself so you can pocket the management fees.

I have been doing Airbnb solely for 2 1/2 years an a SFH and even with internet connected lock and camera, maid service, auto price online service; I still have to spend 3 to 4 hours a week at the house checking condition, replacing supplies, and doing minor repairs.  

Out-of-state could mean an hour or 5 hour drive depending on where you live.

This is to say that my 4 year investment yielded net 224K, approx. 56k per year...I did a lot of improvement works on the house: new floors on two of the three floors, tore down a wall down, completely rehabbed the basement, added a bathroom, put in a new kitchen, replaced some appliances and many other cosmetic jobs which were costly but I did myself with the help of my father and the occasional local handyman.

You can find affordable areas around here though if you’re willing to go out a couple hours drive from here

I am a new investor looking to get started and read about three companies that are turnkey and talked to all three and having paralysis by analysis.

Well I was curious since I had a 3/1 house and the recent comps are 3/2 hours, do I deduct from the comps, say $10k (for a full bath), from the comps or add $10K to the rehab costs for a bathroom?

Hello folks, Anyone know of up and coming markets within 2 or so hours from NYC worth looking into/investing in?

Which scenario makes more sense, with $75K cash available:1) put $25K down on three separate SFR (in the mid-west) all priced at approx $100K each, that generate net cash flow of about $300 each = $900 total cash flow per month, or, 2) put the $75K down on one, nice $300K home, in a rapidly expanding market (LV, for example), in order to take advantage of the projected growth in the housing market over the next decade, even though there would be minimal, if any, cash flow while renting it out in the meantime.