There are other neighborhoods that are a comparative deal - I have my sights personally on Ridgewood as the next area of expansion once rents in Bushwick hit a peak and tenants need somewhere marginally less expensive to go.We've done very well in the NYC market, and I highly recommend it for a number of reasons I'm happy to go into...that said, the barrier of entry for anything but an owner-occupied FHA loan is very high.Happy to talk to you more about our experiences in NYC and help out where I can.

However, due note that we're nearing the peak of a housing cycle - or at least it appears to be. 

I love Peak Properties!!

While many metros in Southern California, recovered and past their peak prices, Las Vegas only recovered about 75% off their peak. 

Once you have experience, then move into rehabs if you so chose.This real estate market is moving towards a peak, so you need to be very careful.

., It's good to here Owasso is peaking some interests!

Hello BP community-I've been an avid listener to this podcast ever since my interest in real estate peaked last year.

Not a direct answer to your question, but an FYI before you get too far into this if you don't know already:Multiple ADUs on one property = no Fannie loan = bye bye resale value & ability to refinance (excluding HML).Whatever you call it, you will want to make it easy/quick to make that other accessory unit not exist prior to listing it, or having it appraised for a refi.

I prefer using awning.com which does NOT include cleaning fees.Either way, if I was buying a property, I would want a robust under-writing process of:1) on-line tools (airdna, awning, etc.)2) Local realtor/PM data3) enemy methodIn this market, I might then layer on a trend, seeing as macro data would indicate that STR's hit a a peak Rev PAN in 2022. 

Do you think even if the cape-cod rental is left vacant during the off peak season it is going to be profitable?