So seems like a decent play for cash flow but not much for appreciation.

Private equity firms seem to favor larger operations with scalable systems, while smaller mom-and-pop firms are often acquired by local players or regional operators looking to expand their footprint.If you’re looking for actionable intel, reaching out to brokers specializing in the sale of PM firms could provide useful leads.

There is a ton of fix and flip going on in Brooklyn and I am trying to work my confidence towards that after my first project at a lower price point around 300K somewhere (CT seems like my only option). 

Even when talking with some real estate professionals who would seem to have an incentive to help me with renting out my property, I have been met with serious warnings (they pretty much say don't do it).

I have run numbers for LTRs on a set of duplexes that seem to cash flow well.

They seem to either go one way or another, NO investors with strict HOA rules, or full force on investors. 

It seems like that would eat into the returns and you can't get positive cash flow for a while5.

Neither seems likely.

That seems to be what works best.

As for numbers, I currently owe $86,151 on the mortgage, and on Zillow it is listed at $143,600 but the numbers seem to be inflated on that site.