Your syndication may be the perfect fit for a Canadian borrower that does not qualify for a loan or doesn't want to be involved with property management.

Many new investors want do dive right into the renovations when they have tenants that are perfectly fine as they are.

While it may be perfectly safe and appropriate in this case, there's generally no reason to use a Quit Claim deed over a Warranty Deed.

We're all looking to get more direct bookings and get away from AIR (#1 for me) and VRBO.....

A laundry is a 7 day a week business, I found it hard to to get away from it sometimes.On the positive side you do meet some nice people from your customer base.One really critical important thing, get as long of a lease term as you can!

Brandon Dyles with Picture Perfect or Asher Murray with Murray Home Inspections. 

@Steven SpinicchiaYou are not just buying the property, but you are buying the region, the laws in that specific area, etc.You mentioned some reasons not to invest in NY such as the tenant friendly laws, eviction moratorium, etc.No one knows how the prices of real estate will be in different regions.However, you need to go with your gut on where you want to invest.It is more important that you made a decision than making the perfect decision.If you study the Indianapolis / Dayton area well, you will do well.Best of luck.

Hone is in excellent shape - new roof, floors are perfect- just a time capsule from the 80s.

@JC Chavez you can do perfectly fine in Cleveland as long as you have your team in place...if you are buying $50k properties, prepare for some heartburn...if you are realistic on your purchase prices and ROI, you can find a deal that meets your needs for less than almost any other city in Ohio.

Having said that, this house will function as a second home for us when we can get away and not a STR 365 days a year (at least immediately).