I've seen 2 years increase in popularity among banks.

Paperstac is gaining in popularity.

Second popular recommendation is: Ask them to sign the 1-year lease with an option to terminate the lease with 60/90-day notice.4.

Hi Marc,Not market info, but just some thoughts on investing far from home.Bentonville AR. is so NOT Queens, have you ever been there (you might really like it).Visiting in person and talking to some local brokers about the different neighborhoods and then driving them, day and night, might be a good 1st move.If you go, you might want to try Grits with your breakfast (kind of bland--but at least you can say you have tried some local quisene).You could try eating at a popular restaurant like the local Golden Corral Buffet, and get to see a good cross section of who lives in the area.Get to know the area, get to know your potential customers (and what they value in a rental--which might be light years different than in Queens).You might find a lot of people in the fishing hunting crowd too.

Do some research around your area and see where they are popular...then see what your $60k will get you.

These are the "Why" I am interested in investing.I could also pursue a place in Toms River New Jersey, by Seaside Heights which is a popular summer location by the beach where I was born and raised and also have roots.Finally, I could think about pursuing Greenville, North Carolina where my Wife has roots, or Naples Florida where my parents currently live and are developing incredible friendships I could use to my advantage.Does anyone have knowledge about investing in any of these locations, would anyone be interested in getting to know and working with me to purchase my first property in one of these locations, which could be mutually beneficial.

These are the "Why" I am interested in investing.I could also pursue a place in Toms River New Jersey, by Seaside Heights which is a popular summer location by the beach where I was born and raised and also have roots.Finally, I could think about pursuing Greenville, North Carolina where my Wife has roots, or Naples Florida where my parents currently live and are developing incredible friendships I could use to my advantage.Does anyone have knowledge about investing in any of these locations, would anyone be interested in getting to know and working with me to purchase my first property in one of these locations, which could be mutually beneficial.

It’s not a lot of money and this might not be popular, but iBonds are paying pretty nice returns right now.

Obviously if you buy at the right price it would be, but it seemed like all of the condos over there were way overvalued (as is the case in a lot of places, like you mentioned), and the average nightly rate isn't as high as some of the more popular beach vacation areas. 

My other colleague had rent relief programs that paid their rent for 2 years during the pandemic so they are good, but the landlord let them know rent will be $1500/month soon for 2 bed 1 bath on westhiemer (popular street in Houston), so im wondering is it best to just buy a house then?