It isn't impossible but as @Jimmy Lieu mentioned, there is a steep learning curve.Depending on your liquidity, out-of-state buy & hold rentals could be your best bet if NYC investing is out of the picture.

It takes more effort and there's more risk involved (therefor more reward), but it just depends on your goals and how you want to get there.As far as focusing on areas with high demand for travel nurses, that's just 1 tenant-type of many in a changing landscape.

Budget Wisely:Make sure your budget accounts for the purchase price, the cost of the renovations, and any additional charges involved in flipping a house.

They have left so many people in terrible financial situations due to dishonesty and if you got involved in an investment with them like I did it will be one of your biggest regrets.

You don't want to start playing sides here and getting involved in these kinds of debates.

It typically involves a person gaining access to remaining equity in a home that is subject to foreclosure.10. https://www.legalmatch.com/law-library/article/equity-stripping-lawsuits.htmlAcquisition: The rescue artist convinces the homeowner to transfer the title to their house to them as a way to avoid foreclosure.

As far as the sale of a property with a mortgage on it, that all gets sorted out at close. ie, you bring your money, the bank gets what they have coming, the realtor gets what they have coming (if there's one involved) and the seller gets the rest.

Is this just someone betting big on inflation?  

Other companies people use are SNSC, FCI, Landhome, Homekey and others.That would be your best bet.

How much upfront costs are typically involved in a project before you know if it's a viable project to pursue?