It sounds like the separation between success and failure is based on proper preparation and realistic expectations.

The rumblings of the NYC to Scranton Amtrak line seem more realistic than ever before with big funding from various state and federal programs. 

When successful it is quite rewarding and can lead to favorable basis and financing opportunities but there are certainly risks and its important to have plenty of reserves and be realistic with time frames.

We have worked with Investors and they are never really married to their Realtors unless you happen to connect with somebody looking to do a long-term hold and actively trying to find a good realistic deal. 

Just be super realistic about the timeline.

Additionally, I am financially prepared to sustain hard money loan payments for up to two years, which is realistic for resolving occupancy issues in NYC.

Realistically, you probably should reimburse her for the value of the internet you owned. 

I also looked at cheaper markets because I'm just getting started in my real estate investing career, so it's just more realistic for me to go into a cheaper that's more likely to cash flow for now (I want to enter San Diego market eventually, but it'll likely be a few years)3.

Hi,Entering my rental listing in the MLS and I want to get a more realistic available/start date.

you have to calculate the interest costs.and.... it makes zero sense whatsoever to buy something turnkey with that much leverage. none. you'll never, ever pay back the HELOC with the non-existent 'cash flow' from the property.just trying to be realistic. the market is unforgiving right now.