Hope this helps!

Once you feel you've built a strong team with your first property and have solid systems in place, I would then start buying more aggressively and taking on bigger projects.I suggest reading this BP article on the core 4.https://www.biggerpockets.com/blog/core-four-real-estate-team

When running numbers, especially on small multis more western markets with direct access to NYC tend to be more favorable from the numbers stand point and many of these towns offer 30 minutes or less taking commuting lines.

I forgot I had posted this 7 years ago.

I ultimately invested $65 cash, $5k in legal fees, and $9.7k in operational expenses while owning the home, and walked away with $17.3k after a judgement.What made you interested in investing in this type of deal?

This is also true for investments in class D section 8 rentals.

What caused you to buy this specific property?

Other than cost overruns and unforeseen issues, I think it's just a question of if this is worth it.

Would I still be able to qualify for this?

This gets you away from the HOA, into the MF sector.