In this area, where the values are so high per sqft at sale, there are always deals to put together.

Factor in permitting fees, construction costs, and adherence to building codes.

We have unit vacancy that fluctuates, but safe to say 4 units per month is a good baseline that our new (In-house Leasing) agent would get off the bat. 

Evaluate operating expenses, including property taxes, insurance, utilities, maintenance, property management fees, vacancies, and capital expenditures (CapEx), to ensure accurate estimates.

I'm going to agree with everyone else on Tax Liens, and you can take it a step further by doing some due diligence on which states reward you the most for Tax Lien investing.I've been looking into:Florida: With interest rates that can hit up to 18% per year, Florida is often seen as a prime spot.

Looking for insight as I'm experiencing some apprehension on taking the leap for my first investment property. Here is the scoop:
Under contract for 120k, 40k below list. House appraised for 130k without repairs. nee...

So I got on the phone with the hard money lenders I’ve used several times per month for the last 10 years and secured $2 million that day.

*For rental real estate enterprises that have been in existence less than four years, 250 or more hours of rental services are performed per year. 

In NY, renters pay the realtor fee so it's a no loss for the landlord.

Currently we are seeing STR owners posting for sale due to reduction in prices they can get per night and the vacancy rate increasing.