I only have around 5-6k to start with and I don’t know if that will be enough to get me to where I can start earning income.

They should reduce it to equity in a sale though, generally.

There's a how to do it element that comes into play to significantly reduce the risk of an out of state investor having a bad experience. 

If a single-family earns you $100 a month, it's reasonable to pay $200 - $300 for that business.

The definition of a millionaire is based on your assets, not your earnings. 

I know very little about what you mentioned, but I know they are working on outlawing rent hikes tied to major apartment improvements.I recommend earning money in New York and then getting it out-of-state as fast as possible.

As there is family there, it reduces the cost of the travel (after tax) and they can also be your eyes and ears some of the time.

Not maintaining a property or charging below market rents will reduce the value of a income property.The reality is that all property income is only a guestimate.

Hard to turn down a chance to earn a 25% return without having to lift a finger.

And perhaps somebody can jump in to verify but I believe everything I've earned from Fundrise is taxed at the ordinary income tax rate whereas I'm showing massive paper losses on my passive investment due to accelerated depreciation.