It's certainly doable but you've gonna be diligent in your search.

Those states offer great buy and hold areas and would be a "doable" drive from New York to inspect the property before purchase. 

I don't think rental increase potential would be significant however a 5% bump or so to in place rents seems do-able. 

I have no experience with this stuff other than what i've read but as long as the liens are less than or equal to what the property is worth and you can rent/lease the property to cover mortgage and expenses then it's doable.  

Martin, etc.) from around the Bay Area are doing, what I used to think, was impossible if you didn't have a huge bank roll.Anyways, is this doable for a person in my situation?

Believe me, finding a deal that works is totally doable with only 1-2 hrs of extra work every night.

If you are only able to rent out the property for part of the year you need to research what the average vacancy is for that time and then bump it up 10% to be safe.... it is completely doable, but is just going to require much more research and narrowing down the values in the spreadsheet.

Closing should be doable within 5 days. 

That is doable at the $150k exit level so as long as your numbers are accurate, you do have a deal.

It is doable with full time jobs and I believe many of our fellow members can relate to that!