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.

Start opening the cases that are called Unlawful Detainer (or whatever your state calls it when a landlord takes a tenant to court) and see what attorneys are representing landlords.

In the cities that I would like to live in, the prices are pretty high and most house hacks would be difficult to come close to cash flowing even with all units tenant occupied if I use my 0% down VA Loan.

I would advise to go check with the City.

Also when purchasing properties try to stay from the Historic district, each city here in Hampton Roads does have them, and the Historic Preservation Commission can be a pain to work with.  

I went through her Facebook, and turns out she runs a CPN business (credit profile number, for those who may not be familiar... people use fake names and SSNs, and credit profiles enroute to obtaining housing, cars, credit cards, etc.).I'm very bummed because I was gathering contractor quotes to have these damages added as judgements that could be garnished from her paycheck by the state, and now we've hit a dead end.

Also, before finding tenants, ensure that the property is move-in ready, research fair market rent, carefully screen applicants and have a lawyer draft a lease agreement specific to the state where the property is.

I currently live in Long Island City, Queens.

He continues with Part Two of his three-part series.In the ever-changing landscape of residential construction and development in the southeastern United States, adaptability and resilience have been constant companions.

You get grandfathered into the codes that were in place at the time, you get the old setbacks, you don't pay an architect, engineer, city and permit fees, plan check costs, school fees and other costs that will not come with an existing house.Not saying that you can't build new for less than a remodel, but not usually when you add in all the costs above.