I mainly want to ask if these assumptions are reasonable and if there's anything I haven't considered:(1) multifamily units in NJ close to New York City, ~$1,000,000, 20% down payment, (2) Using the following assumptions: 4% appreciation rate, 6.5% interest rate and 5.0% refinance after 5 years, $10,000 yearly maintenance fee(3) ~$6,000 monthly rental and assume 3% increase yearly with 5% vacancy rate(4) Based on the above, the calculated IRR if selling at the 10th year is ~19% (considering tax benefits) and ~17% (without tax benefits).

Hi folks, As the topic states I'm looking to learn everything I can about New York City nd its real-estate market.

Hello everyone, my name is Anthony Poulin and I live in Westchester County in New York.

Hello -  My husband and I are experience real estate investors, with several LTR/MTR/STR located in Ohio and Geogial,    in 2022,  we purchased a seasonal boutique motel in Western New York.   

I started my career working for Marriott in New York and Toronto, specializing in dynamic pricing and maximizing revenue.

That's like asking where the best pizza is in New York.

I'm in New York but the prices (at least downstate) are much too high for me to make my first deal so looking more upstate and out of state. 

I came up with this list:region-name:mean-appreciation-10yr:mean-rtpLakeland, FL126.410558160.67416071McAllen, TX69.291962160.68613497Memphis, TN65.483403280.72944333Dayton, OH61.835908900.67836146Pittsburgh, PA57.910773040.65368893Greensboro, NC53.139561620.70635074Youngstown, OH51.949742310.65324659Winston-Salem, NC51.927254160.78515147Rochester, NY48.997707890.66227973Augusta, GA48.206020240.65745314Toledo, OH47.582768950.72120593New York, NY40.920532060.99205336Syracuse, NY39.811672470.73856038Columbia, SC35.113673200.68110439Jackson, MS33.014655470.79068896El Paso, TX31.686361650.72477202Scranton, PA31.550057410.74227059I'm somewhat confident in the data, but not 100%.

My initial interest in out-of-state investing stems from the high cost of multifamily properties in New York and the state’s renter-friendly laws.

While I didn't like feeling I was in Time Square on the Canadian side of Niagara Falls, the New York side felt completely dead.