Just moved from Manhattan to Long Island City with my wife about a month ago and am looking for my first deal, likely in Queens, in early 2019.

It's an older area of SI because obviously it was the first part to be inhabited by those coming over on ferries from Manhattan and BK, which is also why it's more urban. 

I was from Los Angeles, CA, then moved to Dallas, TX, then moved to Manhattan/Queens, NY.

Emily Ratajkowksi, husband accused of not paying rent at Manhattan loft for two years.https://www.foxnews.com/entertainment/emily-ratajk...I guess I'm not very enlightened since I've never heard of either of these deadbeats. 

@James Smith you have a good budget. you could consider 2 - 3 family houses in Journal Square, or you may consider heights, union  city, west new york, or weehawken. they are very close to Manhattan, 20 ~ 30 mins away from port authority on bus. 

Mednick)http://ocreforum.com/LAREIA (Olympic Collective)https://lareic.com/LAAREIA (Alhambra)https://www.meetup.com/Los-Angeles-Real-Estate-Investors-Association/Coachella Valley REIAhttps://www.meetup.com/cvreia/OCREIAhttp://ocreia.com/FIBI South Bay / Manhattan Beachhttps://www.meetup.com/fibisouthbay/SDCIAhttps://www.sdcia.com/Calendar.aspxLA South REIAhttp://www.lasouthreia.com/FIBI Multifamily Pasadenahttps://www.meetup.com/FIBI-Real-Estate-Pasadena/

I see foreclosure/short sales in my neighborhood in the $700k range and I don't live in Manhattan or a hip part of BK. 

There can be some great multi unit options in the Long Beach area which is definitely more affordable than places like Manhattan Beach and El Segundo.  

@Sharmika M. sorry we have an area that we refer to by the same name up around Redondo Beach and Manhattan beach.

Because the legal structure is a bit more complex (read: costly) syndications are going to have better ROI for a higher number of units.10 units in Manhattan, for instance, would be enough money to make a syndication pay off.