I looked at your website and will consider reaching out on a specific deal :) Yea there's definitely alot of danger in these types of deals, hopefully the inexperienced don't ruin them for everyone!

any thoughts The amount the rate drops per point is lender specific.

We were looking for fixer uppers in a very specific area of Long Island NY, and were only looking for Capes, Colonials, and ranches. 

It is landlord-friendly, and specific pockets have gone upwards of 2-4x in the last 5-10 years.Areas like  the mid-market is a pretty hot and affordable.

It looks like there are about 1,200 listings in the "Village of Four Seasons" section near the Bagnell Dam.The entire area rates really low for seasonality, so you may consider how much a week in the summer will actually cost you if that's your "break-even" time.Happy to give you more data if you're eyeing a specific property or ZIP code.

Look at the demographics of your specific location to see if the rent is within 30--40% of income level. 

Anything specific? 

Directly from their website: "As long as you stay with Neighbor, you're protected".

You can schedule a call with me and i can go over the specifics of how it works.  

Within this area, are there any specific neighborhoods to focus on?