I find myself as a realtor and investor admiring the diverse architecture from many different eras in that burgeoning area.the market is much harder yes however we just had kids of good friends of ours complete thier homing  journey by patiently waiting for the right situation to be found.

Small yet impactful changes, whether through upgrades or thoughtful additions, can significantly enhance tenant satisfaction and, in turn, improve property performance.Balancing Profitability and Tenant Satisfaction:Profitability is undeniably a key goal for any real estate investor.

I tell him to be patient, not lock in the loss. 

And City Council is currently considering new regulations and arbitrage is one of the things they might ban.Thanks a lot for feedback.No matter i decided to own or arbitrage my idea is to find a deal near cleveland clinic main campus and offer to MTR for nurses and STR to patient families.any recommendation for a real estate agent friendly with foreing investors?  

@Charlie Scheiderer Welcome to the BP community,stay patient, stay positive, and never give up.

@Michelle Backer in my opinion not many places retain value nor appreciate like NYC, you just have to be savvy, patient and scour for the right deal.Good luck!

You just have to be patient going down a list of some bad properties, but there are definitely some great investments that just slipped through the cracks.

Be patient and use your money properly.

Reserves achieve the same outcome, but a lot of folks are bad at actually hanging on to them (but yes, you do need them).I also expect there to be some good deals on the horizon with anxious sellers over the next 6-24 months … so be patient and buy great deals, they are comingGood luck!

I'm operating at the 90+ percentile among all Airbnb hosts, both in terms of customer satisfaction and profit.My insights on STR vs LTR:For a quick estimate, you can take 50% of your gross rent income (nightly rate x days x occupancy rate + additional service fee you'd like to charge) to get your net profit.