You can tour a range of submarkets—Northside vs.

He owns CALM Investments and operates out of Phoenix and Tucson AZ (at least at this date).How long has he not paid you?

When you buy determines your short/long term capital gains.The "in-service" date = The point in time when you can start taking depreciation from.

Keeping the tenant 2–3 months can work if you lock it in writing: interim rent amount, access rights for inspections/contractor walks, clear move-out date, and a rent‑back or temporary occupancy agreement with a deposit; expect slower permits and subs over holidays, and don’t start demo until you have vacant possession to avoid habitability issues.

Hello Noa,Structures and tactics will likely depend on your local market, property type, demand/interest for the subject property, etc.That said, for residential Real Estate deals in New York, we've had success with:- Escalation Clauses- Shorter loan commitment date deadlines- Waiving contingencies (i.e. inspection, financing, etc.)

There are several other out-of-state cities that can give you stronger cash flow and easier scaling, especially as a long-distance investor.Other Markets to Consider:Akron / Canton, OH – Very affordable, excellent rent-to-price ratios, stable economyHuntsville, AL – High job growth, strong appreciation, landlord-friendlyBirmingham, AL – Low purchase prices, reliable cash flow, good PM infrastructureColumbus, GA – Military + manufacturing presence = stable rents, growing job marketTips for Picking the Right Market:Run the numbers first – GRM, cap rate, cash flow after taxes, insurance, PM fees, and vacancyTalk to local property managers – get real maintenance & turnover costsVisit or virtually tour neighborhoods – check schools, crime, amenitiesUse conservative underwriting – always build in a cushionI’d suggest comparing 2–3 of these markets side by side before making your first purchase.

Also check the license and make sure their insurance is up to date.

if you want the basics of being a landlord and dealing with teh day to day, they brandon's original book on rental properties was the one that made me realize "oh it is actually just this simple" the numbers in there are likely dated at this point but the principles are the same.most of this industry and world is relationships, and communication, so candidly if you want to be successful spend some time studying how people make decisions and what goes into market trends and manipulation.  

I’d also recommend joining local Facebook STR or cleaning groups in your area — you’ll get the most accurate, up-to-date pricing there.Hope that helps!

But there is something to be said about the simplicity of a single policy, renewal date, premium, etc. to manage.