Best starting area for North east noob during covid?

[Saurabh Verma]

I'm interested in buying cash flowing rentals and wanted to start with SFHs or a cheaper multifam. I'm based out of NYC and this is basically impossible in nyc area. I wanted to start close to home first so I can learn the process in case there are issues and I need to visit.

1) What areas would you recommend close to NYC that would be a decent place to look for a starter rental? $100-200k range and cashflowing. Hoping to avoid bad neighborhoods.

2) I'm reluctant to start in NY bc of the moratorium on evictions and potentially getting into a bad situation from the beginning. Are NJ, CT, or PA better in terms of tenant management and more landlord friendly?

Where should I start looking?

Thanks!

[David Kiszka]

@Saurabh Verma The Capital Distrcit area of New York has excellent rental property opportunities. There are many smaller multi families in the cities of Albany, Schenectady, and Troy that a new investor can get into without having to go the commercial route with 5+ units. Rent collect is an issue right now for some owners but now is a great time to start looking. Begin your search and narrow down what area you like, what you are looking for, and what you can afford. Feel free to reach out if I can be of any other assistance. Best of luck.