We generally have enough visitors around warm weather holidays and while kids are out of school to keep occupancy high but the rest of the year can be very rough unless..2) It's ideal to be located in or very near one of the things I mentioned above that attract visitors to the area. 

.* We get as close as possible to ironing/feeling out deal terms that would be agreeable to the seller in advance of submitting an offer, including site visits if they are located in the same market we are vs. out of state/market.All of the above data provides us with enough of an analysis to know what our deal parameters are going to be, at least to within a few percentage points.

Most information on line concerning wholesaling is BIASED because the person providing the information is benefiting in some way by the distortion of facts6.

We recommend investors carry a minimum of $1M. 

Now I’m down to only 1 rental, $200k HELOC on my primary, 800+ credit score, and a high income job. 

A lot of my friends and other new grad young professionals seem to congregate in areas like Midtown and lower Manhattan or in Williamsburg/Bushwick and Downtown Brooklyn.I know house hacking isn't impossible in NYC, but my most ideal areas with people my age and high traffic are also everyone else's ideal places to live, and are much harder to house hack.

Bigger Pockets is a great place for education and networking and is full of great content.I recommend that you check out the following resources:1.

I further recommend, having an income, expense, property tax accounts at the very least. 

I would recommend checking out Furnished Finder Stats to see the demand and also calling the hospital to see if they actually use travel nurses.

And that's even using the high rent estimate, a low vacancy rate (8% would be more realistic), and a very low property management expense (10% of rents is pretty standard), just for starters.If you personally were going to live in this property, it would likely be a slam-dunk...... but, as an investment, it's a money-loser!