Ultimately, what drives real estate values is supply and demand and the income you can derive from those properties.

If you're licensed and acting as a fiduciary, you are required to use the TREC promulgated form or another form approved for use by TREC (ie TAR) unless the seller or buyer or their attorney requires the use of another form. 2. 

Sellers or JV partners may value a hands-off partner who can handle rehabs.Start with a Strategy: Whether it's BRRRR (Buy, Rehab, Rent, Refinance, Repeat) or simply flipping properties to build capital, define a clear path for your first few deals that aligns with your long-term development goals. 

Should I re evaluate what strategy I should use and maybe look further out in places such as Rochester and BRRR properties out thereHey @Jared Leggett, I know I'm jumping in here late in the game, and I have to admit that I haven't read all the many comments you've gotten, but I wanted to provide what I imagine and glean is a contrary view.It is easy to dunk on NYC for young investors starting out, but if you are a first time homebuyer you can buy a $1M property with $35k down (+ closing costs which can be avoided with seller's concessions).

I think these bigger cabins are getting sucked up by the normal demand and with the lack of new builds coming online. 

A lot of seller financing comes with higher price or is a poor asset.  

Was able to negotiate some seller concessions based on a comprehensive property inspection and several needed repairs.

You'd need to come up with the seller's equity (the difference between the loan balance and the sales price). 

I just fill out the seller's disclosure and tell everything I found and fixed and don't hold anything back.

Generally portfolios are slower sellers.