There is only one answer - clearly you are paying. or looking to pay, too much.That being said;  except under extraordinarily perfect conditions I find it virtually impossible to do 2% in New York, New Jersey, or Conn. - primarily because of the tax burden.  

I use hospitable here at the Jersey Shore and it seems to be the best for the price point.

I always love going on Realtor or Zillow and comparing what I pay for a 1 bedroom condo in North Jersey and then see a gorgeous 3 bedroom home in GA for example with property going for the same price.It's all relevant I guess, but if you are able to live in an area that is significantly less than what you are bringing in, then that's a home run!

Hi BP community,I have a two family house in West New York, New Jersey and seems like my Sewer and water came up to $500 every month after 2 years where it use to be $300 a month 2 years ago. 

.* (35)37.NORTH DAKOTA (33)38.NEW HAMPSHIRE (25)39.KANSAS (40)40.RHODE ISLAND (32)41.ALASKA (16)42.OKLAHOMA (44)43.ARKANSAS (41)44.MARYLAND (34)45.NEW JERSEY (36)46.NEW YORK (45)47.MASSACHUSETTS (47)48.MICHIGAN (42)49.ILLINOIS (49)50.CALIFORNIA (50)

I am also in jersey and invest in the area.

I too am looking to get into the Scranton area to invest (I am from New Jersey).

Maybe in New Jersey or PA.

Makes it tougher to get out but in the dead of winter, north jersey rips.

Should I buy my first rental property in New York or out- of -state ( Atlanta Ga, Harrisburg PA or south Nj jersey?