If you don't want to live in this property for that long, maybe find one you wouldn't mind living in for 5-7 years.

Keep in mind when areas appreciate so does the rent and eventually higher appreciation areas can have very high CF if not the highest compared and even above 2% level is very common for the longer runs.

Will definitely keep all of these tips in mind.

When I looked at the property, it was vacant, but an active listing, so in my mind, the sellers NEEDED to sell and left the residence, or,they're snowbirds and left for the winter. 

Hey team of investors, I find myself posting whatever comes to mind lately with this RE.

They will do things that you could never imagine tenants would do.Keep in mind you are actually renting to the government and baby sitting government wards.

Have specific areas in Williamsburg in mind?

@Jason Gines im looking to network with like minded people , wether investing in the city or not

Keep in mind though, i don't know your area specifically, but better quality house rents for higher rent, and whether the house is nicer or not, the upkeep costs are the same (e.g.

They are functional and not pretty. https://www.dormakaba.com/us-en/solutions/products/door-hardware/mechanical-locksSchalge is a good brand but not familiar with what they have to offer.