Don't look for incredible value.

Robert - thank you so much for this incredibly useful information!!

To be specific, my steps to fully get into this world so far have been: Buy my first home Sign up to BiggerPockets website Listen to the first 5 podcasts (loving it)Send this messageEvaluate specialized Masters in R.E and meet with alumni and teachers plus attend one class as a guest observerMeet with friends working in the industry (mainly working for big Funds and Developers)Bought the 13 most widely recommended books in R.E.

@Thomas WrightYou may benefit from attending a local real estate investing networking event in Brooklyn.More often than not - there will be a wide range of professionals attending the event form realtors/investors/lenders.If you connect with some well - you can exchange numbers and grab coffee/lunch.

The median family of 4 income where most of our class C properties are is $42.5K city wide. 

(Don't worry, I'm not asking you to give them up or share; although, please feel free :)  I know that what may work incredibly well with one type of investor may clash horribly with another so, I'm looking more for the how and the whys.For example: What questions did you ask potential property mangers or contractors to help you determine that it was a good fit for your leadership style?  

That seems incredibly low–does this mean that they've paid off the original mortgage to a point where they own 98.2% of the home?

I have spent a lot of time reading through guides like Brandon Turner's How to Estimate Future CapEx Expenses on a Rental Property and How to Buy a Small MultiFamily Property: A Step by Step Case Study, which have been incredibly helpful. 

My properties have a very wide range of cash flow, such that I can have bad markets, reduce the rent, and still cash flow. 

I know Experience is priceless so I don't plan to be incredibly stingy or picky, but I also don't want to be hasty and make a bad deal.