She does property management in Toledo and owns Flippin Crazy club and she buys and flips homes all over Ohio and Florida. 

With its proximity to NYC, numerous public transportation options, and overall vibe and attraction, it is no wonder why the popularity has been reflected in the buy-and-hold rental market.

Also do you know what you are buying?

You could deploy that money elsewhere and buy a few  smaller (or at least less expensive) homes in a friendlier market and come out way ahead unless you are content with just waiting for the market to appreciate.  

@Adam ShaIf you can buy a home for cheaper than rent then that is a red flag.

Buy and hold notes (performing and non performing)3.

MY SUGGESTION: invest in yourself by buying hard copy books and training on the foundation topics you wish to develop skills (RE legal, title, escrow, financing, notes, etc.).

If you were able to buy 2 duplexes as replacements then you would own MORE property so that any market appreciation is magnified and you might have MORE loan principle to pay down further building wealth that you don't see just by looking at cash-flow. 

I say this even as I believe SFR dips this current year--which means it's a buying opportunity-- because I believe as much as mortgage "demand increases".

I told them my buy box multiple times and would still get "leads" that didn't even fit my criteria.