Albany, Syracuse, Utica, OH, PA, etc.) for cashflow.The challenge in these markets is that demand is through the roof, and many properties either sell at the asking price or above the asking price (Suffolk's sale price average was 1.5% ABOVE the asking price).If I were in your shoes, I'd explore local and remote multi-family options before considering the mid-term rental route.All the best!

it is not user friendly at all.

If this is not something you're interested in delving into and learning to a high degree, then investing in publicly traded REITs would be another good option for you, which have historically returned about 13.5 per cent Per year over the past 50 years (1977-present), beating the US stock market by two per cent and even beating private real estate investing by 4 per cent (that's compared with the average real estate investor, not the experts here at Bigger Pockets).

Yes you have more options in the city, but it's no guarantee that you're going to get into a decent school anymore with families moving to catchment areas of the schools that they want and filling them.

Reach out if you would like to compare options or revenue potential for different homes and communities. 

@Matthew Posteraro I'm a big fan of starting with the 5% options. 

Eliminate debt, establish a budget, and save.

I have lenders that can fund in just a few days and are willing to finance up to 90% of the purchase price and up to 100% of the rehab budget, even for first time investors.

(It’s multi-family but not entirely stabilized.)Rehab Costs: How much should I budget for bringing vacant units to market-ready condition?

Happy to help you with either option, send me a DM.