I have been lending actively in the Indianapolis market since 2018, have done over 350+ deals, and used both my own, and other people's money in a Whole Note Investing scenario.

Im looking to invest in a multi family property with the NYC/NJ area.

You can try to claim this as an investment property but if the IRS catches wind they are going to see that you are directly related to the "tenant."

I've been here since 2007 (but only started investing in SFH recently) and have definitely noticed that when I see a duplex, tri, quad, 8+ they all seem to be in rougher neighborhoods...that being said, I myself definitely want to find some and may end up relying on off-market deals to find what I want.Let me know if you learn anything new about multifamily here in Memphis, I'd love to understand it more as well!

This depends where you are investing.

Find a top broker to represent you and market your deal to the investing world.2.

Quote from @Robert Bell: As a private lender, we use reserve funds as a way to gage whether or not someone is financially ready to take on a real estate investment. 

so if you're in Connecticut, invest in Connecticut. 

This will be an out of state investment for myself. 

Where do I start looking for financial advisors?