The cost of a sewer line is the same whether it is on a triplex or a single family home, but with a MFU you can spread the risk.

I’m in the early stages of narrowing down markets and evaluating STR regulations, so once I finalize that, I’ll focus more on the design and amenities side.If you have any advice on pitfalls or ways to stand out in competitive neighborhoods, I’d love to hear your thoughts!

Which translates to, "I can't afford to really do this, let me spread the risk."

This website is a great starting point to find out what areas are like https://www.areavibes.com/It gives you a total livability score and from there you can narrow down you search. 

For a quick analysis, I get as close to the 1% price to rent ratio rule for cash flow in Indiana when I was doing my search and narrowing down properties.

And once in, its so narrow I have to weasel out of my car. 

If you want to buy REO properties, the easiest way to narrow the market is to check the "lender owned" box on MLS.

Looks like you will have a nice profit spread!!

Since you're open to markets beyond NYC, you might want to connect with local investor meetups or REI groups in those areas to build relationships with agents, wholesalers, and lenders who understand the nuances of each market.If you're looking to break out of analysis paralysis, maybe start by narrowing down one or two target markets and running numbers on actual deals.

I just want competent mentorship in the space, and I believe the first step would be to narrow the selection.2.