Some of these may be good targets for investments, while others may be targets for listings. 

I was thinking that the apartments aren't targeting tenants with local jobs, but NYC commuters since the ride from Watsessing to Penn Station is ~30 minutes during work hours.  

I am starting out local, but eventually will scale it and Florida is one of my future target areas.

I am hoping to learn from long time investors as well as give input where I can since I am a Realtor.Who’s your main target with your mid-term rentals?

I need advice on the best allocation of my money and how to achieve this.

That's a fantastic achievement.

My goal is to invest in real estate, and I believe that building relationships with successful and knowledgeable individuals is crucial to achieving that.I'm currently studying to get my real estate license.

In this scenario, each member doesn’t actually own real estate, they own a business (that owns real estate).If that is the case you have two options: 1) The LLC performs the 1031 exchange and continues to achieve the goals of the managers through changes or details added to the operating agreement and subsequently consider dissolving the LLC. 2) You dissolve the LLC and reform as Tenants in Common *prior* to the sale of the property.

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $63,750

Cash invested: $13,000

This was my VERY FIRST deal. Had no idea what I was oding.

Bought for 63,750 off ...

Would be a great achievement if it works - I would also reach out to the railroad track company to ensure there won't be any disruptions or issues they may have when/if you start the development process.