Many people think that renting and owning a home are two separate paths. But did you know there are programs out there that bridge the gap? These programs allow tenants to work towards homeownership while still rentin...

Hi BiggerPockets Investors,Here are three key tips to consider when buying a short-term rental in the Poconos:Bedroom Count:  What size home are you curious about purchasing? 

I buy most of my materials from Home Depot- because they are everywhere and the prices aren't bad.

Overall, it could lead to a more cautious approach to buying and selling, with more emphasis on long-term holds rather than frequent exchanges.

I'll shoot you a PM and we can exchange contacts so I can get some information to get you a rough quote.

I don’t want to buy it at market price. 

A local lawyer, Tim Priebe, is a great source of information.

If that information isn't available you can go to redfin.com and see what date the property last sold and for how much.

I think, in general, unless you're an extremely high W2 earner just looking to get into real estate for tax purposes, buying for cash flow gives you the durability to weather market fluctuations as you're never in a position where your back is against the wall and you need to sell... unless you have debt coming due.Now, that being said, if the true cash flow, after allocating for all expenses, vacancy, maintenance, capex, etc. is in the black, then I think taking a 5% CoC return in an appreciating market isn't a bad move, especially if there is a component of value-add. 

Where do you buy it?