Welcome Brandon - I have properties here in the wyoming valley.I am a native to the area.Scranton has many hoops to jump as an investor - esp. an out of the area investor.One is you'd have to hire a property manager if you do not live in the city of Scranton or within 20 miles of the city.Real estate taxes are high -that plus the current interest rate and ask prices makes cash flow an issue.You can find "deals" but please do your due diligence.Here is an example of a potential deal I am evaluating in the hill section of the city: 20 y/o, 2000 sq ft. 3b/3bath TH - Needs paint, new carpeting, and general wear and tear repairs after a 4 year tenant.

I currently am looking to invest in the Little Rock area as of right now and possibly the pine bluff area depending on the deal!

I understand the concept of hard money loans, but I'm currently navigating the process of applying for one myself.

One question I like to ask when I interview PMs is asking for their current occupancy rate, which I think is a key metric.

An estoppel just explains and clarifies the existing lease in place - lease terms, duration, and making sure the tenant is current with rent!

Learn from your mistakes and improve:)Why don't you share what you currently do, so we can offer improvement suggestions?

My upfront capital I currently have to invest is $20,000, but from what I am gathering, this will not nearly be enough and lll need to save a lot more, and the main reason why I have given myself a timeline of the next 1-2 years to make the leap into investing.

I invest in STR and I am currently switching over to Mid-Term Rentals.

Hello BP,I live in a region with a handful of Short term rentals and I’m currently analyzing a property with STR potential.

You should only consider switching when your current software has a significant flaw or lacks features that force you to spend excessive time on workarounds.