However, I am passionate about creating a micro home neighborhood in my area.

What is the $1,700/month based on, and which neighborhood is this?

I don't have any area or neighborhood in mind. 

If you want real rental history for your specific neighborhood and data points on appreciation of your area specifically, let me know.

Hi Beau, it sounds as though you guys are looking in a desired neighborhood as well. 

Flip side, for a third of that you are trained to find properties using creative finance taking over existing low interest loans that cash flow and you are buying in decent neighborhoods with every day lunch box Joes that have kids and go to work and pay rent on time. 

It's a 2 family home in the Ridgewood neighborhood of Queens.

I just wanted to piggyback by saying you can still find those kind of deals, but like Nicolas was saying, it's probably going to be on the east side, in C- to D neighborhoods. 

You have to get someone who is familiar with them and would want one.Here is a pic of this style of construction.

This allows you to test their communication, leasing strategy, and overall management style before committing fully.