You can acquire your first primary for 3-5% down for conventional or 3.5% FHA + upfront cost for fha specifically.

If you're a passive investor in syndications, your K1 losses are usually not deductible - even if you qualify for REPS. 

Build-4-Rent, like any good strategy, is far more complex and specific in it's CORRECT enactment and execution than how far too many perceive it on the surface. 

It is reasonably priced per property and seems that it has been created by engineers specifically for properties worth less than 1.2 million and has audit protection.

@Heidi FahringerReal Estate Expertise - Are they familiar with real estate-specific tax strategies, such as depreciation, 1031 exchanges, and write-offs for repairs, property management, etc.?

A triplex or quadplex could provide more units for rental income, but obviously will require more financing, so having your financials and pre-approval lined up early is key.Since you’re already looking to network, attending local real estate meetups is a great idea—you can also connect with seasoned investors or agents specializing in Long Island properties who can offer advice specific to the area. 

Then ask about their experience working with remote investors specifically - you want someone who's great with virtual showings and detailed walkthroughs.

Are there specific networking events or forums within the BiggerPockets community that you recommend?

Some of the talk coming from the Trump camp is promising, specifically Elon musk and the department of government efficiency.

Talk to your insurance company - depending on your deductible and potential increase in future insurance you may or may not want to put in your own claim.I would also probably consider cutting my losses and getting rid of the tenant asap.