Investing in multifamily properties in the NYC/NJ area can be challenging due to high property prices and interest rates, but it’s still possible to achieve positive cash flow with the right strategies.

Direct Mail Campaigns: Think about sending postcards or letters to homeowners in specific neighborhoods, especially those who might be facing financial challenges or have inherited properties.

The low cash flow could become more challenging if your aim is to expand your portfolio.3.

Would love to hear what strategies are working for you and what challenges you're facing in finding capital to move your projects forward.

As mentioned above, check with your town as a starting point.That said, the septic permit will be the challenge. 

Challenges?

It may be challenging but a local lender will be best.

The small market size and relationship-based transactions make it difficult for new or smaller players to participate, which aligns with the earlier observation about the lack of services for individual investors.Overall, this market seems to present challenges for growth or democratization, as its current structure favors established, well-connected players with significant capital.

@Anthony Gayden  were @Steve Vaughan  is challenged with one word responses I am personally challenged on the computer requirements.. once I get that figured out..

Challenges?