Cap rates are also one of the biggest factors in final valuation of a property, so missing this crucial metric can result in a very far off return.Some ways to mitigate these risks are looking for stable rent growth projections, I typically like to see 3-4% depending on the market.

Looking in Orange County primarily but open to San Bernardino County.

I know you mentioned Westchester but Newburgh in Orange County $575k can go quiet far and depending on inventory can get you turn key. 

Hi @Mark Berge something super crucial with this is ensuring lease and occupancy is under 1 year.  

To answer your question I have purchased in Hillsborough, pasco, sumter,, lake, Volusia, and orange counties.

It's crucial to align with a property manager who shares your goals and values and is committed to making your property more profitable.📢 Communication and Oversight: Once you have selected your property manager, establish a system for regular communication and oversight.

We cover from orange to the other side of katy, up to Splendora and down to San Leon.

(West of Route 3).This includes towns in Passaic County like: Clifton, Woodland Park, Totowa, Wayne, & Haledon.I can also explore a few towns in Essex County: West Orange, Verona, Fairfield, & The Caldwells.If there are any realtors out there that specialize in Small MF (2-4 Units) and can send some listings my way, I'd love to take a look at them.Here's what I'm looking for:4 Units: 8-12 Beds, 4-8 BathsSeparate utility in place or opportunity to convert3 floors maximum (2 floors preferable)Off Street Parking (4 - 8 spots)Cost + Rehab = 400K or LessThis is my first post on BP so play nice.

In Orange County, sellers don't supply refrigerator or washer/dryer.

Dad owns a house in Orange Beach that will need to be sold.