Hi @Orane Jacobs MTR has potential almost anywhere in NJ and it has potential to get around the extreme laws of Irvington because of under 1 year occupancy.

After literally years of looking (since 2022) I bought my first property a few months ago, so I feel extremely qualified to give advice (many people earned lots of equity during the pandemic appreciation-boom if they bought before 2022, but out-of-state investors getting started AFTER the 2022 interest rate hikes are few and far between). 

Go to Etsy and search for "rental property tracker," and you will find hundreds of nice spreadsheets to track 10-20 rentals, usually for under $10.Software has extremely helpful features like online payments, marketing syndication (click a button, and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.

It's extremely frustrating but perhaps/hopefully it has made me a better investor? 

Here is one piece that is extremely important:If you have a low credit score, you need to find out why.

Just like our BANKERS validate and question our deal analysis, you need to be the BANKER.Majority of the Syndication failures going on right now are due to either Short-term financing used on longer term projects- in a period of extreme interest rate hikes, material Inflation, or Covid related supply chain or personnel issues.You as the BANKER, know that all of the above should have been covered by the Syndicator and by you the BANKER. 

The two strategies you outlined are extremely helpful to consider..

Hopefully that would satisfy the requirements.

That being said @Martin Grizzanti is extremely knowledgeable in the Rochester market and can provide more insight!

Thank you, that is extremely helpful.