We have 2 str in ocean lakes resort and campground which is a Beachfront resort- because it's a campground it's str are pretty much invincible and protected against str rules.did 140k last year out of those two houses.my advice is metro for ltr, we have had almost 100% occupancy even through covid - we are not a slum lord.

I believe it tends to give me a slightly lower return, because the sponsor is going to be more careful, and if there is a severe downturn will prevent me from taking catastrophic losses.

Bought my first property in FL last year with my mother as a partner. 50/50 she is the occupant paying the mortgage, I am a non occupant primary owner.

Here's some background that might be helpful: My mom died last year unexpectedly.

I just closed last week, all in 55k ( arv about 100k ) rent will be 1200, THATS a deal,   Good luck 

It is landlord-friendly, and specific pockets have gone upwards of 2-4x in the last 5-10 years.

I have been renting my townhome up in Issaquah, WA for the last 10 years with no issues.

Milwaukee has not been easy to BRRRR for the last 3 years: with ultra low inventory sellers just did not have a need to give a discount for condition.

We can lend with a loss on the rents, but your rate will be higher! 

I have a 3 party who I have used since day one $45.00 to do background  so far so good couple bumps nothing too big .Last place they lived is BIG make sure you don't skip any thing that should be done .When they are serous take a picture of the DL of all folks on the rental just like a apartment would do .