Please follow all guidelines when posting about your horror story.

I've run the numbers on a bunch of properties using the following numbers:- vacancy 6%- Property tax 0.44% of list price per year- Insurance $250 / month- Capex 5%- Repairs/Maintenance 5%- Property Management 10%I've found a couple with a slight positive cash flow (no more than $50).

Be sure you're responding to them right away when they reach out to you, as well as have a great follow up sequence in place. 

Bigger Pockets is a great place for education and networking and is full of great content.I recommend that you check out the following resources:1.

Hello Chris,If I were you I would do the following:1.

IMHO Have campaigns for phone text email follow upHave a phone system Have a text system Have an email system Have chat both external and internal Have webforms Have RVMHave conference roomsHave file storage Have a CRM attached and seamlessly churning data  I use calltext.com however I also own it. 

While I would never invest in NY as James mentions as its the worst - if I was going to do it I would atleast make sure I tried to follow the rules. 

Bigger Pockets is a great place for education and networking and is full of great content.I recommend that you check out the following resources:1.

I'll follow this thread and report back if I move forward.

There are rules to follow!