We want to also get married in 2022, but first must buy this house, so 20% down (41K) plus around 15K in closing costs (The cottage is in new york state).

Same with New York, actually even more, and Chicago as well......If you choose to stay, consider investing your money OOS, you'll be so glad you did......Good luck with that tenant....once you get him out, I'd fix it up and sell while the market is still strong there......

I’m in New York State (not NYC).

I know it's people from California and New York and the like ran-into-the-ground departures coming here.I cannot make enough monthly wages to keep up with rising property prices here, and I do not trust the stock market.Thanks

.- My partner and I own our condo in New York.

I just want to have some kind of reference so that if I buy a distressed property, I'd at least have some kind of idea as to how much it would cost to restore the property.

Accounting made easy if you pay your expenses from the same account...taxes, insurance, etc.If you think you will save some state income taxes somewhere lets say if you are living in places like Manhattan, New York, or California , but you want to designate your residence as Texas, I'm not sure that works.   

My end goal is to rent and own cash flowing properties out of state, however, since I'm new to the industry I thought it would be a good idea to start off wholesaling (about 1-2 hour driving radius) from where I'm located in New York. 

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $40,000

Cash invested: $80,000

This was our 3rd BRRRR. Rehab went way over budget and time-line doubled. Appraisal ...

Hi all, so I recently applied to get pre approved and didn't qualify due to my rent being high (thanks to new york prices) and my car lease being crazy high (thanks Supply shortages).