Starting with house hacking is a smart move, especially in a higher-cost area.

And Point of Sale, don't even get me started on that Communist BS. 

@Ketch Bays I started with the exact same amount of money.

I’ve been coaching new investors for a while and many lack funds to get started but find both the lack of knowledge, experience, and funds, often derails them. 

@Omar Fernandez - you can start by reaching out to some attorneys, NYC is an attorney city so you'll have to get an attorney involved (who usually orders the title search). 

I think when you start you need to make sure you work with people who are reliable.

The BiggerPockets forum is a great place to start.

Start with the end in mind --- what would be the investor's exit strategy for this home? 

Why not start thinking bigger?

Total turnaround time can be within the same month if you start at the beginning of the month, but don't be surprised if it continues into the next month.S8 in my area outsources the inspections.