With traveling nurses and workers to combat the growth of the city its a perfect environment.

Oddly enough though, I was able to get coverage with liberty mutual when I had my duplex in NY state.And then, as it has been mentioned before, another important thing you'll need is someone you can trust that will be your boots on the ground.And to top it all off, you'll need an accountant that deals with cross border tax for your investment property.

any upcoming developments in the area that could boot house values?

the people that I work with out of state.....they have someone thats boots on the ground that can have the back up keys etc.

With all that said, it's important to have boots on the ground and trust your sphere to guide you accordingly.

It's actually LTV replacement, so2. new debt cost >= old debt cost3. new equity >= old equity If thats allowed by IRS, then everyone would use 1031 to "downsize" ....which is not an "exchange" but a "taking profit".But good thing is you can offset debt cost with fresh cash position.Another good thing is, you can offset boot with PAL.And some more advanced strategy: you could offset debt cost with Zero Coupon, I calculate offseting debt with ZC as comparison to tax is like saving 50%, it's huge discount to use ZC coupon. 

@Alexandra Hughes Pailet Hello, I have a question about the Boot camp.

The key to success is boots on ground, your plan to stay for certain period would enhance your chances.

Buying mid range local homes where boots on the ground are his competitive advantage.

If you want to build a real rental portfolio, you'd better start doing your own research and get boots on the ground in these areas that look appealing to you as far as numbers.