It always amazes me how much cheaper these types of units are outside of NY and NJ.
Forget cash flow, you’re lucky if you get close to breaking even over here (unless you’re buying cash).
I always wonder how hard it would be to manage property long distances (not vacation style rentals).
Very tempting to hop on a flight west and shop around lol.
People do it all the time, fly out, buy it, hire a property management company to take care of it. Fly home.
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