Of course no one TODAY knows this.. they just look at 30 to 40k lots 250 to 400k houses and dont really compute the staggering amount of lots available or history of the market going back decades..

The loan on this house is $1,200,000.I moved in to my new primary residence by the end of the month.Starting July, my original primary residence was available as a rental and was being shown to prospective tenants.My new tenants signed a lease that began a couple weeks after showing, in July.To calculate my primary residence mortgage interest deductions, i'm using the following formula:650,000 / 2 = $325000 loan from January to June1,200,000 / 2 = $600,000 loan from July to December$750,000 limit / (600,000+325000 total loan value)  = 0.81 multiplier(0.81 * $X first house interest) + (0.81 * $Y second house) = total interest payed i can deduct from my primary residencedoes this look correct?

@Jesi Young I am looking forward to your blog!

Let's of NYC investors look at other cities in NY, Rochester, Buffalo, etc... they can drive to them to see them, and they know the state well enough to feel comfortable.Most of the rust belt cities in NY offer cash flow as well. 

So, I'd look to the other properties and ask whether the ones on the street also had only street parking versus access to a driveway.

Quote from @Cade Antonucci: I am starting to grow my rental portfolio and am looking for online alternatives to hold security deposits.

They are not well suited for a novice.You may see auction results that look appealing, but you don't consider things likea.

Im also looking to network with all that are open to connect

You will want to have properties under contract before bringing a contractor out to walk the place with you.If I were in your shoes I'd have a 30 minute call/zoom/coffee with a couple of local GC's now and come prepared to explain to them exactly what you are looking to do.For example when I first got started I was targeting single level, 3 bedroom, 2 bathroom, 1,800 square foot homes, with 2 car garages, that were sitting on 7,500 square foot lots, and that were built of block in the 1950s/1960s.

As your portfolio grows, then you can start looking into a property manager.