., mortgage interest and property taxes) requires careful allocation.

I'd recommend working with a good strong property manager that lives in that area that can check on them.

I recommend you start with duplexes as you should always have a paying tenant.

The high end is the 20 or so co ops on 5th Avenue or Park Ave (one is on East End Avenue) that require liquid assets of $100 million + to gain board approval.  

“Broker” is a legal term that often requires standardized coursework and a state license. 

My recommendation would be to iron out what you're looking for as an investment goal.

This is what I recommend to new investors who contact me asking if these numbers look good. 

For those who manage your properties out of state, what door locks would you recommend?

To grow a portfolio (ie #'s of units) requires a lot of capital.

Quote from @Kathy Grossart: Can a non-accredited investor in an already established SDIRA, within a 506(b) multi-family syndication, do a 1031 exchange to another syndicated property (with same operators), if the new 506(c) offering required investors to be accredited, and the investor is not?