Practice analyzing deals, explore surrounding markets if NYC feels too competitive, and stay persistent, closing your first deal takes time but is well worth the effort.Good luck!

To get started, connect with a knowledgeable real estate agent and lender, practice analyzing deals, and network through local investor meetups.

A mentor should have practical experience and proven success.

If it's a verbal tenancy, you have to show a practice of collecting rent that the tenant is no longer abiding by (or perhaps tenant shows up, and honestly states they were obligated to pay rent and haven't done so).When the eviction case is submitted, you give the tenants names, e-mail, phone, address.

For those interested, a combination of mortgages with no “due on sale” clause, mortgage companies loose due diligence, and title insurers willingness to “turn a blind eye” to practices that wouldn’t pass scrutiny now, resulted in tactics like the “second mortgage crank” which not only allowed investors to purchase properties with no money out of pocket but allowed investors to actually walk away from closing with “cash in their pocket”.

No, it's not a normal business practice and does not pass the smell test.From driving? 

Our Florida mortgage practice was basically shut-down for 4 weeks due to Hurricanes Helene and Milton.

Best Practices for Finding a PartnerWhat are the most effective ways to find a solid investment partner?

Find Brandon's videos on YouTube for the "four square" method of analyzing homes and practice.

All well and good to dream big, but you need to understand the practicalities and probabilities of getting the deal to closing.