I have an STR in Niagara Falls and it does pretty well based on the purchase price. 

I used Asana as well

Even though there were tax implications, I think it will serve me well in the long run.

Great question - when you find out let me know as we are looking for one as well. 

Personally, I invest in properties in C-Class neighborhoods in my market (East Linden and Southern Hilltop), and they’ve been cash-flowing well so far.

Ryan, I appreciate your insight as well.

Id like to enjoy another stream of income to eventually phase out my day job, so that I can focus on acquiring commercial properties as well as a business or 3.  

Let's of NYC investors look at other cities in NY, Rochester, Buffalo, etc... they can drive to them to see them, and they know the state well enough to feel comfortable.Most of the rust belt cities in NY offer cash flow as well. 

I also assume you’re investing in an area with increasing rents so look at 3-5 years out with increased rents an it better cashflow well if rent isn’t stagnant. 

You have a good support system here, hopefully your brokerage does as well.