Port Washington, Lynbrook, Long Beach and Valley Stream have had the most small multi-family residential sales on Long Island over the last 6 months.

I am wary of regional banks after the issue last year where quite a few had to be bailed out in order for people to withdraw their funds.

My last tenant vacated a 3bed 1ba abruptly due to a divorce during peak winter when it's not ideal to find a new tenant.

Any guidance is appreciated TIA Hello,I am flipping houses for last 7 years. 

I know I could pivot the FBA side into wholesale (this is the current plan), and it will still have the challenges of any Amazon business -- you're at Amazon's mercy (e.g. my account was locked for a few weeks by them during Q4 last year).

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

I've gone to the Denver, Orlando, and now Phoenix retreats over the last few years, and would highly recommend these to anyone who's either a beginner investor (1-2+ deals), or 'middle investor,' and doesn't really have many investor ladyfriends in real life to lean on. 

Last I do the enemy and see if it agrees with the hypothesis I created on AirDNA.

We sold the last Ca property in 2017 but started buying in the PNW around 2015. 

I purchased the condo in 2020 for $310,000 at 4% and a similar unit just sold in my complex last month for $570,000.