It is said to assume you will never manage a property better than the person you are buying it from then you won’t be disappointed.

  As a new investor out of the New York tristate area, markets here are extremely competitive and pricey.

@Lamont Marable find an investor friendly agent and you can get all of these questions answered for free from Someone that wants to earn your business.Adding units is extremely difficult if there is not already a fire suppression system in place or fire walls present.

But I was and still am extremely punctual with clients and I ALWAYS 95% of the time answer the phone even if its to tell them I need 20 minutes and will call them back..

Even then, the rents seem extremely low. 

The previous renter resided there for 15 years and had a roach infestation that we were not aware of, and to be honest, they were extremely dirty.

I would imagine that the NY metro area is an extremely difficult place to begin investing in real estate, so I was wondering what options I should consider for my first property. 

Any details on anything different a lender might be looking for would extremely help.

Assuming my personal debt to credit is extremely good (780 credit score, 50K savings, high income with low expenses) 

@Kit Creager Tampa is extremely hot right now...