Harlem is undergoing a significant transformation, and properties like this one, which offer both historical significance and modern amenities, are in high demand.

I highly suggest as many in-person networking events as possible! 

you'd find those values a different way.Best of luck!

And this low demand could be a couple of factors, either a rural location with low population density or the area incomes are not high enough in order to prevent a rent burdened scenario. 

They provide all the solutions one could ask. 

I am left to wonder, though some investors with SFR's are doing it successfully, is the risk too high for the reward?

And in these circumstances the chance of the buyer being sued for a default is rather high.  

@Emily Gowen so as you pointed out you would not have to do a 1031 exchange on your current home to avoid the capital gains tax and coupled with what Dave Foster pointed out I think, speaking from experience you would have a high likelihood of success. 

@Sang Kim- I am sorry to hear this....DId  any of the  paperwork provided  outline if the  6K fee  was rendable  ?   

I'd highly recommend attending some local reia meetings.