Views, indoor pools, game rooms and proximity to attractions.

Nothing wrong with being a bit new - there are options out there for all stages of the game. 

I don't think I need to have that exactly figured out on day 1 of my first rental purchase, I need to get into the game. 

Dear Wilkes-Barre-Scranton area, my name is Gabe and I'm relatively new to the real-estate game- but I'm eager to learn.

For something more robust, tools like Excel or online calculators from financial planning sites might better suit your needs.Your ROI Formula:ROI = (Net Cash Flow ÷ Total Out-of-Pocket Investment) × 100For your scenario:Net Cash Flow = Annual Rental Income - (Mortgage Payment + 401k Loan Payment + Other Expenses)Total Out-of-Pocket Investment = $40,000 cash + $50,000 loan payments over 5 years.I came across a piece in Bloomberg recently discussing creative financing, and they touched on ROI calculations for multiple loans.Personal anecdote: A buddy of mine leveraged a 401k loan for a fourplex.

There is a reason we lenders require "skin in the game" and experience.

To me it’s a challenging game, an intricate puzzle where if you learn how to play you get great results.

Do i t to build your online presence, reputation and credibility as a business.

I started my domain over 10 years ago when people first started going online trying to buy fixer upper houses.

Should I re evaluate what strategy I should use and maybe look further out in places such as Rochester and BRRR properties out thereHey @Jared Leggett, I know I'm jumping in here late in the game, and I have to admit that I haven't read all the many comments you've gotten, but I wanted to provide what I imagine and glean is a contrary view.It is easy to dunk on NYC for young investors starting out, but if you are a first time homebuyer you can buy a $1M property with $35k down (+ closing costs which can be avoided with seller's concessions).