I love that I'm the BP Toledo Catfish...Lewis and Sylvania are my "GOOD area properties" :)Stickney/Manhattan, that's my normal stomping grounds.

Ideally, I would like to snag up some multi-family buildings in the boroughs outside Manhattan, and perhaps something I could get an FHA loan on and live rent-free.Perhaps, @Albert Bui or @Darren Sager could chime in here.

This guy is a property manager in the wonderful Detroit, (I really mean that from a future investors point pf veiw) this guy was doing it an then some.

Go to the Fibi event in Manhattan beach on the 8th I am speaking there :)other than that google turn key in the city your interested in . and go direct.Then make those turn key companies in the market your interested in show you that your getting a deal..

Click on this for a link to the meetup we're having April 15th in Manhattan.

@Amit M. knows (but doesn't want us to tell anyone ;) $800/sq ft is cheap when you look at $2k/ sq ft in Manhattan!..

There are substantive reasons why SF and Manhattan had/have/will continue to have very high rents, and it ain't solely based on short term restricted supplies.

you also have no fund for managing, last but not least unless you have $700K laying around there will be a mortgage payment.The cost pf payments if you pay 20% down and finance $560,000 at 5% interest for 30 years is over $3000 per month or $36000 per year.

NYC real estate agent scores $13 million deal on WeChat From The Wall Street Journal: Last month, Yue (Emma) Hao, a New York-based agent at real-estate brokerage Douglas Elliman, received an unsolicited message on WeChat from a Chinese entrepreneur who wanted to know more about a residential building in Manhattan associated with the crystal brand Baccarat.

I highly recommend you come to the meetup in Manhattan taking place on May 13.