Hey @Stephen Anderson, I'm not sure about it being a good niche for new investors but a great niche to think about is the mobile home or manufactured housing niche.Many experts agree that this is the only remaining real estate asset class that is approaching rather than passing its prime for profitability with the consolidation phase barely having begun.Municipal zoning laws regarding new developments of this kind mean that owners of manufactured housing communities will have little or no local competition in the affordable housing market.Market indications are that this asset class will become increasingly attractive to larger institutional investors with an expected dramatically positive impact on property values.Should the economy face another downturn, the value of this asset class will still increase.Just an idea.

Depreciation can be "added back" and has zero impact on DTI.When the mortgage math is done right, and the CPA does their stuff right, it's relatively rare for there to be a true DTI issue, unless the investor just quit their job or something like that.

If there was anything good to come out of it, it’s that those wholesalers that engage in this, usually are not around long enough for it really to have an impact.

*Section twenty-seven creates the New York State Temporary Commission onHousing Security and Tenant Protection, which will study the impacts ofthe bill and issue a report recommending future legislation by December31, 2022.

Small MF property will still get impacted by the medium market value, right?

Would his proposal to stay there rent/trouble free impact your decision?

Thats a very real impact on your life as if you took the $60 - $70K and invested it in something that returned 12% to you. 

The bad news is....you guessed it...the tenants are next door and every piece of their drama will directly impact the quality of your life.You and wife need to be 100% sure you are on board with this idea and are willing to gut it out if you get troublesome tenants, which is common for first time investors because you won't know how to screen as well. 

Please add other relatedhttps://www.jacobinmag.com/2019/06/new-york-housing-tenants-universal-rent-controlhttps://ny.curbed.com/2019/6/14/18679507/rent-regulation-new-york-state-reform-legislation-passedI'm in Rochester, NY and looking to invest locally where I can oversee my properties with a reasonable drive.Does this primarily impact only unethical landlords?

One link for you is below,https://www.travelwyoming.com/wot-news/wyoming-releases-2017-travel-economic-impact-numbers-traveler-spending-and-visitor-volume2.