It does sound like your PM was scamming you, and likely other owners, to produce an extra income stream for themselves.

So an income producing property that returns 4% sounds pretty good to an institutional investor.

Stagnant economies that don't produce high paying jobs don't lead to increased real estate prices, so appreciation may be ruled out as well.  

With an inherited IRA, you need to ensure the cash flow your real estate investment produces will meet your need for taking required distributions.Real estate can actually be a very good investment for an inherited IRA, as the principal is secured by a less volatile real asset that produces consistent income. 

I have produced some good leads and made a few offers, nothing under contract yet. 

I am looking for duplexes in the 100-200k range in a good neighborhood that will produce an abundant pool of responsible, trustworthy, and creditworthy tenants.

I had a deal in front of me and need help determining if this is a good value....It is a low cost low income building.I have a break down of all the numbers but I’ll just throw out the basicsGross rent is $234,000 on an upward trend producing closer to $22,000 a month last 4 months, seller has been clearly cleaning things up a little before sellingThe balance sheet that they gave me shows $98,000 NOI but they do not have property taxes listed and makes me wonder what else that they left out..But either way that should still keep the NOI above $90,000The asking price is $800,000Looking for advise from some experienced investors Thank you

If all of that checks, then I look for typical problem areas (sewer lagoons, poor markets, too many empty lots, etc). 

In an attempt to add value to her and the education they will be providing me, my thought is to hire a friend of mine who produces high quality video content for real estate agents and auctioneers(yes, there will be drone footage).

@Josh Wu yes NYC is too expensive you won’t produce a lucrative cash flow.