Main benefits to this strategy include:- Low down payment options (as low as 3-5%)- Acquisition experience- Property management experienceThe NYC metro area has nearly 2,000 available 2-4 unit listings on the market.Other new investors consider the BRRRR Strategy.All the best to you on your journey!

Keep in mind that this is also a very tough time to be entering the market as an agent because the inventory is so low.  

Damon That's the rub with low income tenants.

We are in a very low tax bracket this year but should be 10% higher in 2025.

They keep rent low, give gifts and homemade cookies for Christmas, make upgrades whenever the tenant requests,  accept all the late rent excuses, etc.The truth is, your tenant is not your friend.

But I'm guessing maybe your credit is too low for that?  

Keeps costs low and guests satisfied!

Highs in the 15s and lows will be 0 this week. 

In my area, they charge transfer tax on the assessed value rather than the LOW sale price.

I feel like it's a space where great operators can really clean up, since the bar is set really low, in my experience at least.