Then we'll rent the property up and enjoy our monthly cashflow for the years to come :) This deal is unique because it's lipstick flip (interior & exterior paint make up 80+% of our renovation budget).

I have done some brief but extensive research on what "strategy" and "niche" I should pick up in order to create the best cash flow and stability, in which my best interest and realistic goal would be to invest in a multifamily home with the buy and hold strategy.

What niche are you thinking about pursuing?

I recently had a discussion with my real estate agent about teaming up for some direct mail marketing to targeted niches. 2 areas I'd like to start with are probate and divorce.

It may cost a bit more up front but you'll get a lot more engagement due to the mailer's uniqueness.

As well as having resources for agents when faced in unique situations.

I'd rather fine unique locations that are under the radar and where properties just sit for months with no attention.

This will allow you to grasp the basics so that your time with a mentor will be better utilized for more advanced material.Since you didn't mention a particular REI area of interest, I added the below links for your review and selection of one of the three most popular niches or all if you so choose.http://www.biggerpockets.com/renewsblog/2013/02/22/buying-rental-property/ (how to buy a rental property) http://www.biggerpockets.com/renewsblog/2014/01/07/flipping-houses/ (step by step guide to flips)https://www.biggerpockets.com/renewsblog/2015/01/31/ultimate-beginners-guide-real-estate-wholesaling-2/ (Ultimate beginners guide to wholesaling)Now that you have made the move, below are some links that will help with the navigation of the site. http://www.biggerpockets.com/startherehttp://www.biggerpockets.com/meethttps://www.biggerpockets.com/alertsHow to Use @Mentions on BiggerPocketshttps://www.biggerpockets.com/ruleshttps://www.biggerpockets.com/termshttps://www.biggerpockets.com/inviteshttps://www.biggerpockets.com/perkshttps://www.biggerpockets.com/forums/categorieshttps://www.biggerpockets.com/courses/a-beginners-introduction-to-real-estate-investing (video courses)https://www.biggerpockets.com/real-estate-investing (Ultimate beginner's guide to REI)Before your 1st purchase, please ensure you visit the below link for some tips.https://www.biggerpockets.com/renewsblog/2014/12/19/real-estate-investing-success-smart-tips/REI books suggested by BPershttps://www.biggerpockets.com/renewsblog/2015/11/13/7-real-estate-books-beginner-investors/ (7 absolute must read books for beginner REIs)http://www.biggerpockets.com/renewsblog/2013/04/14/best-real-estate-books/?

It looks like you're a full time investor in Cleveland is there a particular niche that you focus on?

I would assume the core principles of house hacking are the same everywhere, but Manhattan seems like such a unique area because everything is in such high demand.