Quote from @Andrea Lucarelli: I’m interested in beginning my REI career with purchasing a SFH or condo in Cleveland area (safe neighborhood) to list as a furnished rental for travel medical professionals, supply corporate housing needs, or house temporarily displaced families for insurance companies.  

., allowing investors to purchase properties at a fraction of the cost compared to cities like New York, Los Angeles, or Chicago.

Purchase price: $900,000 Cash invested: $15,000 6BB/3.5Bath 4000sf on 3.4 acres near several wedding venues.

Is this for a primary purchase or build to rent/sell?

For an investment property (purchased as an owner occupant), that is insane. 

@Preet Oberoi Purchasing a short-term rental (STR) or tiny home to offset W-2 income with depreciation can be effective if structured correctly.

Purchase price: $330,000 Cash invested: $40,000 Hey everyone, I wanted to share a personal story about a property I purchased and renovated in Hudson County, NJ.

We are seeing much longer wait times on purchases to be cleared for disbursing funds than refinances.

Quick update: I purchased the land hacker course from Kai and currently diving in. 

Any advice or recommendations on where to purchase a long term property for rent are appreciated!