How did you find this deal and how did you negotiate it?

Richard,The only thing I find odd and a bit strange is that she mentioned she does not let new investors purchse over $100K? 

@William BohanWell, owning out of town means finding good "people" to manage and support your investments... 

Find out how long the tenant has to dispute this in your area and send them the link to that. 

Use your 5k and find a decent 1-bedroom condo and put it on AirBNB. 

I am also a licensed EMT, and would love to provide housing for travel nurses, contractors, etc. in that realm since I can relate to them in previous jobs that I've had.I'm looking to invest in these states preferably: Georgia (1st choice - preferably near or south of ATL or in/near Savannah), Alabama, South or North Carolina, and Florida.

Find someone that was so they can smack you. 

are there services in NY that provide this info.. 

Regarding getting started, I recommend finding an STR owner who's overwhelmed or just worn out with managing their property, and perhaps who's also not using a dynamic pricing tool, and then offering to manage it for a very small cost. 

The loan is listed on the HUD and they provide lender's title insurance.