I can imagine investors jumping on it pretty quickly especially if you can get a fixed rate for that time.It's just a matter of time now... 7 years on cars  20 years in personal planes  20 years on RVs and boats.. with out this long term financing those industries would be the in the toilet and how many 100k escalades would be sold ? 

No shade being thrown of course, it just isn't true in my experience with flips in those areas, and yes buy and hold do cash flow good on paper in those areas, but if you want to be in an area with good growth I'd avoid 80% of Price Hill and Westwood. 

These units seem like a CF strategy with with low appreciation; positive CF of $1500 per month after 2 years sounds great on paper, but you can't guarantee it. 

Quote from @AJ Exner: Hey Caleb,DSCR is probably your best route and specifically a group that understands how a property can cash flow on paper as either a LTR or a STR. 

“The Paper Source Book” by W.J.

All items must be kept neat and orderly.All heating vents will be kept clean and free of dust, dirt, and mildew.No noxious, offensive or foul odors are to be permitted to emanate either inside or outside the rental unit from any source, including but not limited to spoiled food, accumulated trash or debris, liquor and beverage containers, dirty laundry, sinks, toilets, bathtubs or showers.

Hey Jeanette,You’re definitely not alone — a lot of investors start eyeing the Disney/Kissimmee area or Florida’s coasts for STRs because on paper it looks like easy cash flow.

You could ask it's name and it would type it out on computer paper (no screens then) and it would ask your name.

This allows you to focus on the big picture without getting overwhelmed by 3 AM toilet calls from Ohio.2.

So your $300/mo cashflow may look good on paper with a possible ROI of 15+%, but lower rents will likely keep you in the same situation when it comes to expenses. 4) Appreciation is stronger in NJ, and most experienced landlords will tell you THIS + Equity is where the money is made; NOT monthly cashflow. 5) As Shawn as alluded to, there are ways to purchase buildings in NJ for less than 6 figures.