.), but NYC is a tough market to operate especially when tenants become trouble.. would say standard eviction timeline is currently around 18 months, it's a nightmare when it happens that's why we are very well set up and we make sure to have a good relationship with tenants, (we can talk about NYC a different time,) bottom line it is a market with practically no vacancies, and crazy good rents, but very challenging to operate.All being said, I am looking to evolve into different markets, problem is I have no idea how evaluate a market and what I need to consider and how to even do market research on anything outside of NYC.. so, I would appreciate for some input on how to find deals, understand and underwrite different markets. 

Andy You don't need to notify the tenants for common areas provided there is no expectation of privacy in those areas, however as another posted, you may still piss someone off so the best practice is to send a message that you will be doing common maintenance work.

Start by learning about different strategies, market trends, financing options, and best practices.

I will have to practice my scripts and questions to ask.

What are the best practices in this situation, especially considering any local laws and regulations that might apply?

You can join local real estate investment clubs or online forums to expand your network.Education: Continuously educate yourself on real estate investing strategies, market trends, and property management best practices.

But in practice almost 100% not possible.

If you do find someone that makes it a practice to front the licensing $, then they will likely keep a big portion of your commissions and they will have you sign an agreement tying you in for a while.

No offers in this market is typically based either on price or practicality.

I also plan to start looking at properties after I finish some reading just to practice analyzing deals.