Since I will be living in, I am looking for a nice neighbrhood with somewhat remodeled house with opportunities to increase the value as well.I would love to connect with other investors in the area and appreicate any insights as a newbie!

I guess my question is, should I narrow my focus to one REI strategy or keep it broad and analyze each opportunity individually?

You are in a solid position with low expenses, a strong savings cushion, and a pending income increase, but I think you have an even better opportunity here.Before you commit to this townhouse, I would highly recommend talking to a lender and a real estate advisor about purchasing a multifamily property instead.

Outside of that, looking for value add opportunities that help maximize rents and understanding immediate needs to turn it over to the a rental (appliances, fixtures, paint, flooring, etc.). 

All the best to you during your last semester.Househacking is one of the most common routes for new investors in NY.For best returns, I'd recommend focusing on South and Southeast Queens, Central and Southeast Brooklyn, and the Bronx.There are parts of the suburbs (Westchester and Long Island) that have househack opportunities but the property taxes are higher and the commute time to NYC is longer.Abel

With one long-term rental and a full time job, advance tax planning opportunities are going to be limited.

This approach gives you the opportunity to thoroughly screen potential tenants, ensuring they align with your values and standards.

I have been analyzing fix and flip opportunities in NYC and CT as my next venture. 

@Rose White Your listing is your first opportunity to vet prospective tenants.

It's no different than investors buying and negotiating low prices on distressed opportunities.