Also, I grew up in the Rochester area and if you want to be investing in real estate I'd recommend you get out of NY now while you're young. 

Hey Jeff without knowing any details everything is what you are able negotiate. but you have to take in account the years interest rate and purchase price and what kind of cash flow.I will say get a mentor if you’re inexperienced these kind of deals can go left if you really have little knowledge when it comes to structure .

(I've read the First Time Home Buyers guide, so I have a good sense of the basic steps in the process!)

You can run out of capital quickly. 

@Derrick Roland II Let's see, traffic noise, challenges backing out of your driveway, have to keep kids in backyard and off front sidewalks, big trucks passing by will shake the whole place, can't think of anything positive.All the negatives will reduce your max rent and make it harder/longer to find tenants.What's more important is understanding if the Neighborhood is Class C or D.

That’s the lowest hanging fruit in my opinion. leverage the lenders money and have great cash on cash returns… move out after a year and then repeat the process.

I wouldn't rule out a duplex as we have far more duplex properties than quadplexes.

There are plenty of video reviews and Bigger Pockets comments on his website if you scroll to the bottom.

Ran out of water, LMAO.

https://treas-secure.state.mi....some things to keep in mind:-Non owner occupied properties pay 18 mils more in taxes in Michigan - Even with the SEV you should plan that the SEV will go up.