what kind of property I should aim?

[Johnny Tsu]

Hi guys, I'm a beginner in this field, please don't laugh if I asked some stupid questions. I currently want to invest a property in New York metro area, I refinanced my own house and got 500,000 cash on hand. Monthly mortgage payment is roughly 6000 not including property tax. My goal is to invest a property that can cover all my mortgage payment and hopefully some extra income. Which area should I aim or is there even possible for me to find such property?