Many Realtors will suggest purchasing a property using a FHA Loan, to reduce your out of pocket money.

Thanks, I'm looking to get into short term or long term rentals for starters.

@Nathan Gesner had a pretty robust post on how to do that some weeks back.Another problem that is getting in your way is the use of term leases here in NY. 

While short-term rentals in areas like Kissimmee, Florida, can pay for themselves and offer lifestyle benefits, the ROI typically doesn’t match what I see from my traditional portfolio of long-term rentals in North Texas.That said, short-term rentals can still be a great choice, especially if you're drawn to the area and the opportunity to combine personal use with investment income.

Find out what financial problem you are trying to solve in the short term until your able to get to more "long term" problems that real estate helps with 

Difficult to tell from the website exactly what type of Passive Investments are available: Fixed Term or Open-Ended.

The city where you invest determines all long-term income characteristics.

I am considering getting into this space (looking at some courses), but worried that its too late, and that deep local market knowledge/understanding of buyers/connection with developers etc is required to make this work, which only incumbent/long term investors will have and would be hard for a new entrant starting from scratch to catch-up...is my hypothesis valid in your opinion ?

I began shopping for a large construction loan to build a new car wash on the land. 

"District South was financed with a fixed interest rate construction loan from our partners at First Financial Bank NA.