@Austin JamesUnderstand the area, the current tenant base,the median income, is it in a flood zone, the age of the asset, the condition of the plumbing, the electrical wiring, the fuseboxes, the age of the roofs, the age of the mechanicals, the condition of the foundation, the drainage of the property, does the property have a C of O, is there ny environmental concerns such as oil tanks being buried, the current property management company, what are the amenities.These are just a few things to look out for.

Hey Rocco, I like that you have this mindset at such a young age.

Goal is FI by around age 50. 2 boys (5yo and 7yo). 

Hey David, I would say this largely depends on how many units you have, the age of the building, and the quality of the building/neighborhood. 

Age?

., Inspect Mechanical items, Water Heater Age, Roof, and Appliances. 

In New York City, it’s the law to have window guards for an apartment if a child below the age of 10 is living there.Is taking out the window guard and screwing in the air conditioner in replacement of the window guards an option?

In this day and age it is almost impossible to be invisible.

The way I did this, and I started at about your age and with a wife and 3 kids, is I learned quickly that I need to buy out of state.

Previously , Hud's  aged inventory would manually review and accept bids significantly below this threshold -Price drops are not following any specific pattern based on days on market.