@Makani Donaldson it all depends on your investment goals.If you buy a Class A rental, it'll usually have negative cashflow, which will be hopefully offset with appreciation and better tenants.If you buy a CLass C or D rental, it should have pretty good cashflow because you may not realize much in appreciation and you'll have a lot more problems finding good tenants.

Better to make that mistake, and buy another deal, than to not bought the deal.  

Yes it's a little onerous to get started, but the guests or a better class than my Airbnb guests for the most part. 

The two-family property now has better curb appeal and the rental units are much more desirable, which has helped me increase my rental income.

A better option if you can swing it is to purchase with your own funds, gain access, then refi into a loan.

And that’s not a small number.Stackable Benefits: To make it even better, in some cases, you may be able to qualify for multiple programs at once, giving your down payment an even bigger boost.Rob Chrane, CEO of Down Payment Resource confirms a little-known fact:“Some of these programs can be layered.

Getting that first property is exciting—and yeah, NYC is no joke when it comes to price of entry.Honestly, a lot of people I’ve talked to in your shoes end up finding better opportunities just outside the city.

If possible, consider a duplex or single-family home with extra rooms instead, as they offer better appreciation and flexibility.

There definitely is better but I wouldn’t say one is bad." ....This is a misconception that gets many in trouble. 

Your competition will probably use better or worse assumptions.