Granted, this may be what you're looking for in your ideal "retirement" but worth noting!

My budget is $350k but ideally below $300k.

I had over 200 sfrs in jackson proper all C and D class U want to think they are B s  but not really in all but one area of the city of Jackson and a ton of section 8.. those were a nightmare..

But if you want to maximize your deductions now or plan to sell the property soon, then using it now could be better.Also, if you or your spouse qualify as a Real Estate Professional for tax purposes, the losses could offset other income, like your W-2 salary.

Quote from @Lee Banks: Hi my name is Lee I'm looking too buy my first rental property and but I feel as if I need a mentor to watch, I still need to learn the basics of real-estate does anyone in New York do programs or mentorships and where would you start if you first started real-estate today  Hello Lee,I'd recommend looking up local meetups here on BP, meetup.com and, eventbrite.You can also call around to speak with RE investors and professionals in your target market to begin making connections.With so much available information online, I'd recommend speaking to a few people and doing independent research before committing to mentorships.

For beginning investors the financing is critical, but more experienced buyers rely less on financing because they have other avenues of getting the funds to close.

But if it's an RV park near a lake or tourist destination, then an RV or 2: yes.There is no draw to travel somewhere just to stay in an RV....I whole heartily agree there is no draw to travel somewhere just to stay in an RV.The RV parks I've seen that have fixed RVs for rent look like low end MH parks. 

I'd love to buy there again due to inventory and performing rentals but it's not worth it at this time.  

I was waiting until interest rates dipped down a touch more but I know they could also go back up in the next 3 months.

Hey guys,I live in Atlanta, but have my first subject to deal lined up in Peoria, IL.