You really should look into the midwest, upper midwest and even states like Idaho, South Dakota and Wyoming.

I just got beat out on a very bad fixer upper house in Citrus Heights that was not even listed on MLS.  

I'm getting concerned because I know from all my BP reading/learning that expected PM rates vary from 5%-10%, so I was preparing to pay on the upper end of that to make sure I find a "Rock Star" PM (as BP books would emphasize doing).

With your experience, and especially the savings on redoing the sewer line at cost, this actually looks like it has legs.

Preferably multi family but if there's a good fixer upper single with a lot of potential I'd look at that too.

Buy fixer upper, rehab, sell on lease option, refinance.

More on my first investment, this quadplex is a fixer-upper and has the potential to add 200k+ in equity with about half as much invested.

Good afternoon, I am helping my in-laws with finding a place to rent in NYC (Chelsea / Greenwich Village area/ Upper West side).

You'll still need to do some of your own leg work when vetting tenants, but it's easy enough and will save you the ~10% management fee.

OR PERHAPS A REFERENCE TO A GREAT AN EFFECTICE MENTOR TO START WITH THAT I WON'T HAVE TO CHARGE AN ARM AND LEG.