Just search Rochester NY.Podcast 45 w/ Tom Sylvester is about investing in Rochester.http://www.biggerpockets.com/renewsblog/2013/11/21/bp-045-tom-sylvester-rural-unfair-advantage/I've found all of the BP members to be very helpful.

@Sandy Franklin Many times the percentage that vacation rental property managers charge depends on their market and competition.

Following this post, it seems like there are several advantages to aggressively paying down one's principal residence if they're in the position to do so for the ability to have rapid financing options to make cash offers as a proverbial ace up the sleeve if other financing situations will not get the job done.Has anyone had practical experience in how this plays out?

To our advantage it was a floating rate & we paid very little of the high Int%.

In my area about 50% of them have been transferred, but they are still in my probate list so there most likely wouldn't be any advantage for me to get that list.

RE has some risk that a diversified stock portfolio does not have, but it also has much greater opportunities for leverage, it provides the opportunity to earn the PM fees by self-managing, it has the tax advantages.

Obviously I'm going to run this business ethically and will not be doing anything illegal but I don't want to leave any loopholes for anyone (attorney or otherwise) to take advantage of.

I have already taken a lot of advantage of the forums, podcasts, and have already requested several colleague requests that I hope will help my husband and I to begin networking!

The question is are there advantages to constructing new sfr's to rent vs. buying existing ones?

Its also a huge advantage that I live right in this neighborhood.