If you move to NYC, focus on maximizing your earning potential while investing in affordable out-of-state markets with strong rental demand, like San Antonio or Indianapolis.

As Josh mentioned, it's important to find your right fit, I wouldn't focus solely on price especially if you're looking to be very hands off and you're looking for quality. 

I just want to focus on what I do and whether I can legally employ one or another approach/strategy, to test its viability.

My focus is on raising capital for acquisitions and acting as a general partner in real estate investments, with a special interest in industrial, multifamily, and retail properties.

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

Many, but not ALL are only focused on the commissions he/ she will earn and not focused, on your best interests.

Hi Natalie, MTR's do seem to be struggling if that is the only focus for a property.

I’m buying to improve the property, listing, service, etc so i do it right away.

Would love to hear what you’re focused on or planning!