@Brett Snodgrass thank u very much for that great response.

If u want to make your job with less time expenses, you should try to use Excel.

This will put the property under contract and give u and your dad a certain amount of time (30 or 60 days, maybe more) to come up with the funds to do the deal.

The information is here, you just have to figure out how it applies to what u are trying to accomplish.

https://www.google.com/maps/d/u/1/viewer?

Cal right now, but we're also looking at venturing out into the Midwest and we're always open to doing Joint Ventures if that's something you think you might be interested in.  

Ross Ellington , if the sum of your mortgage interest, any points, and property taxes exceed $6,300 for single filer or $12,600 married filing joint or $9,300 for head of household THEN you would elect to itemize your deductions and lower your taxable income by the sum of interest, points and tax.

Very interested in anything you would share with me with you start where do u see the Yonkers market going, what parts of yonkers do you invest.

What do u want to know?

Either way, you'll need to have at least a joint venture agreement with a partner that you have a good relationship with.