NY Market is very competitive, so getting a good deal might be worth the investment of being flexible with your preferences or any upgrades needed on the property; cheap houses are houses that need work or problems that need to be fixed. 

Competitive multiple offers occur only on select properties, while others languish on the market.

With inventory up an impressive 90.1%, buyers have plenty to choose from—making it a terrific time to shop around, consider multiple options, and find the right match without feeling pressured.Sellers, in a competitive market like this, a little patience and an eye-catching presentation are essential.

For fix-and-flip investors, having immediate access to these funds is crucial, especially in a competitive market.By collaborating with an earnest money lending partner, investors can alleviate the financial burden of upfront deposits.

While multi-family is a perfectly good place to start, I would tell you that it is often more competitive than single family homes… maybe just due to there being less of them in general, and being more desirable by investors.  

You didn't bad mouth your competition and it tells me a lot about your character. 

I’m noticing that rent rates are surprisingly high compared to the somewhat competitive and affordable housing pricing.Single-family homes, some new construction are going for mid 300’s and rent is usually $2500 or higher.

And best of all, we work a fraction of the time an agent does for 5 times as much money.

That helps with competition, but don't expect discounts - prices are still up 8.3% YoY.

It will give you an idea of what your competition might be like, and for those being rented a lot, what amenities seem to be popular that would get the most rentals.