I am a realtor and also investor here in long beach, feel free to send me a message if you like to chat further. 

If you are seeking out asset accumulation and equity appreciation over the long term then there are certainly fortunes to be made in New York.Let me know if you would like to chat further.

I  would recommend leaning on your partner to help you know the area better, and if possible maybe live with their family for a  bit while you get your bearings.If you want to  chat further and get more in depth answers feel free to message me.

Always willing to chat with fellow agents so feel free to reach out!

Try to build meaningful relationship right away to where they like to chat and answer your call.

You can come across a little abrasive and potentially waste everybody's time if you actually put offers like this in writing without a verbal chat first.But if the agents talk and agree that it makes sense to write it up, you should write it up.

The appropriate step is to find a local lender, setup an appointment, then go chat with them about your goals. 

I'm an investor & realtor based in NYC, shoot me a DM happy to chat if it helps. 

I personally invest in small multifamily properties and am happy to chat and see if we can provide value.

They are out to maximize their profits, so they buy cheap properties, do as little rehab possible and then try to sell for overmarket value if they can.Unless you plan on taking advantage of your relative, you probably want to have a chat with them to figure out what would be a good investment for them - Cash-on-Cash, ROI, etc.This will help you narrow your search, acquisition cost, rehab budget, etc., so you deliver what they want.Now, if you work extra hard and find a way to squeeze more money out of the deal, you should benefit from your hard work.