Should I re evaluate what strategy I should use and maybe look further out in places such as Rochester and BRRR properties out thereHey @Jared Leggett, I know I'm jumping in here late in the game, and I have to admit that I haven't read all the many comments you've gotten, but I wanted to provide what I imagine and glean is a contrary view.It is easy to dunk on NYC for young investors starting out, but if you are a first time homebuyer you can buy a $1M property with $35k down (+ closing costs which can be avoided with seller's concessions).

Nothing wrong with being a bit new - there are options out there for all stages of the game. 

I want to learn more. 4.99% for buyers is a game changer selling 6 new construction houses  You just buy down the rate for the buyer.

Game to collaborate with wholesalers who can help me unload this property quickly.

I recently came across a piece in Forbes talking about how quickly rental dynamics can evolve when population growth spikes.I’m based in Phoenix and have been in the real estate game for three decades, and a close friend of mine recently reminded me how the right connections can shape your entire strategy.

“Josh, I feel you on this one—it’s a tough spot to be in, but let me tell you, these situations are where the real players in this game prove their mettle.

once this stuff gets on BP and its monster google search results IE goes to the top of the page its game over..

The rental game is funny in that you want to responsible enough to always make rent, but not successful enough to easily afford buying a house.

So you really need a downpayment + 15k to be in the game.

You may have to buy a distressed property that needs a decent amount of work done to hit a high enough rental rate, or search for a property on the outskirts of the metro area.I'm an agent at an investment brokerage and we try and take some of the legwork out of the game for investors.