That’s a small fraction of what all that would cost in my market.

I would check your market analysis.  

Hello, Do I have to disclose my Massachusetts Salesperson License when buying an off-market property for investment purposes?

Experienced managers can help evaluate potential investments by providing insights on rental demand, market rents, tenant preferences, and location-specific factors that affect leasing success.For example, rental properties need to be close to conveniences like major roads, shopping, and schools.

I also practice as a Realtor because I enjoy it and it is extra income.So as an investor, your options are to get your RE license and have access to a lot of tools and do the research yourself (therefore you're paying with time, energy and a little money) or you work with a great realtor/investor in the specific market you're looking into.

Are you looking in other markets outside of NY? 

If the market moves against you, it takes too much capital to fix it.Contrast that to this scenario:  let’s say that the acquisition loan was 60% LTV originally, and after a market drop of 30% the loan is now 85%.  

Same goes for the MBS market.

They will try to partner up with some CPA from BP and market to BP members.

Look at their marketing strategy.