I've gotten more interested in learning wholesaling lately, thanks to Jamil's passionate promotion of the strategy on the On the Market podcast.

Continue to do your research and also ask ChatGPT questions as well as I have been finding Ai to be super useful for research lately.

Lately tenants have been doing things that can be a cause for automatically breaching their rent agreement and possibly evict them.

I like it and the numbers look decent.Pro Forma is 7.21% and CoC ROI is 10.04%.However one of the tenants is late for rent ($1,000 in late fees this year), a smoker and their unit is hard to even be in.   

There’s just something about owning a duplex or triplex that makes the numbers more forgiving...you’ve got multiple units covering your expenses, and if one tenant’s late on rent, at least the others might keep the ship afloat.A friend of mine once worked with a client who snagged a triplex down in Austin and ended up treating me to breakfast tacos after those first rent checks cleared.

In late spring through summer season i am virtually 100% booked.  

So consider how long the lease-up will take:Is there so much rental demand that you can show it during the late stages of reno and get a lease signed?

The only thing I'll say is that I woke up before it was too late, because yes there is a point where it's "too late" unless you are immortal.

There is much to learn: pricing, marketing, screening, contract law, lease enforcement, late/unpaid rent, property abandonment, squatters, maintenance, tenant neglect or abuse, communication, and 417 other things.Buying a decent property but not managing it well can impact your finances, marriage, sanity, physical health, and desire to invest.

Should I re evaluate what strategy I should use and maybe look further out in places such as Rochester and BRRR properties out thereHey @Jared Leggett, I know I'm jumping in here late in the game, and I have to admit that I haven't read all the many comments you've gotten, but I wanted to provide what I imagine and glean is a contrary view.It is easy to dunk on NYC for young investors starting out, but if you are a first time homebuyer you can buy a $1M property with $35k down (+ closing costs which can be avoided with seller's concessions).