With so many people worrying about a possible recession and selling their current properties / the drop in people buying right now, we think this might be a great time to really go for it as far as getting 1 or 2 more properties to start slowly growing a STR income stream with.

just like everything else our overlords have decided necessary for our "safety" permits are now income streams for local gvmt in most places.

There is NO lazy way to financial prosperity until you have hundreds of millions working for you and 100+ income streams generating your wealth.  

It can get really tiring living somewhere for several months and having a never ending stream of vacationers coming and going around you.

Which markets would you recommend upstate for an out of town investor (to find reliable contractor, and a steady stream of tenants), and deals under $120k that might need some work.Thinking about Binghamton, Elmira, Rochester, Buffalo, Malone, Rome, and very open to other areas (also open to Pennsylvania/Pittsburgh).2.

You'll still likely to need to personally guarantee the mortgage, but you'll have distributed your risk because you have multiple income streams from the property.Happy to talk more if your interested.

@Bill Wells I'm an STR manager here in the Denver metro and I think you are thinking about this correctly, and it's a great way to build a business and an income stream, especially if you already have the structure and systems set up with your own properties.

I do strive to make my company better with each client.The package is designed to stream line the process for each of my client.

Not really a real estate book per say but I like multiple streams of income.

We managed to provide our investor with a steady stream of Cash Flow, while also managing to add another source of income to his vastly diversified portfolio.