The Upper East Side is a fantastic area, and your budget gives you great options to consider.

Another option you will see online are companies selling shares to sections or lots of trees via a tree plantation management company.  

If you think land flipping is for you, there are plenty of decent paid options out there. 

After buying this house, I partnered with others to invest in a duplex in the Wichita area.At the moment, I’m living in Tennessee, and I’m weighing two options: either selling my house and using the proceeds to buy a duplex in Overland Park or Wichita with my partners, or keeping the house for another 3 years, transferring it to our LLC, and renting out the entire property to maximize its rental potential ( $1400-$1600 ) I currently owe $200k on the property with a 6.5% interest rate, and my monthly payment is between ($1,700-$1800).

I have a potential private lender, but I need to determine if this is a viable investment opportunity and explore the best financing options

I have a potential private lender, but I need to determine if this is a viable investment opportunity and explore the best financing options 

Since I am having my prospective tenants cover the cost I would prefer to have the lowest cost option that gives you the most bang for your buck, but at the same time I want to be sure that what I am paying for is reliable.

To Chris' point, you can find lower options if you handle some of the management responsibilities.

Therefore, your financial freedom hinges on new companies continuously moving into the city, creating replacement jobs.Companies have many options when selecting a location to set up operations.

Hi Denise, Starting your real estate journey in an out-of-state market can definitely be a great way to find more affordable options and avoid some of California's challenges.