For condos you'll be easily over 200k, the only ones in the Bronx that I know of that are any less are Parkchester and maintenance is extremely high.Now as for a 2 family, I always would go this route first.

A free tenant is not someone that will be easily gotten out of there. 

But ownership stays with the individuals so you can keep your 1031 option available easily.

What's not clear in the law, is often times easily dealt with in court.

Here's my two-year-old on Halloween with the date and time :)You can also easily crop the photo with just the date and time if needed.

I flip and have rentals in a rapidly gentrifying area and it's still messy at times so you have to be sure you are comfortable with the homeless/squatters/addicts/mentally ill that will be your neighbors for a few years until they are pushed out. 90% of them are harmless and can easily be good neighbors if you treat them kindly and with respect.

Most of the information realtors provide can easily be found on google(crime map, prices of houses for sale in the same area) etc.  

@Mohamed Hersi This is easily the most discussed and controversial topics on BP.

However, they will usually cash flow very easily.

Variables that impact production (lighting, co2, pests) are more easily controlled in an indoor environment.