NYC or out of state ?

[Faysal Alam]

So at the moment I'm already house hacking in NYC using my fha , I have around 175-180k equity that I can possibly pull out , I am thinking of going down 3 routes :

Option 1 put down 15-20% down on a 2 family house with an adu in NYC , it will cash flow about $1000 after all expenses renting out all units . Also probably the best appreciation

Option 2 : invest all of it in out of state properties , about 2.5 hours away , about 25k down on all the houses , I would probably be able to get about 6 houses and keep some money left over for any expenses , this would generate about $1800/ month in cash flow .

Option 3 : buy 4 rental properties out of state with about 100k , to cash flow about $1200 a month , keep the 80k and use about 60k of it to eventually buy a single family here in NYC as I can do 5% down for it , but it would have to be the following year after filing taxes .

Which option would you do and why ?