Also pay attention to local regulations on number of  unrelated people in a house and party and noise ordinances.

I am looking for something online that will provide me strictly with what I need to know for the test in the shortest amount of time and with the least amount of money.

I would assume that New York State has a website for landlords (laws, rules, regulations, etc) but I cannot seem to find it.

the real question is do I become a landlord using strict investment strategies (low price multi units that can cash flow on average at least $1000 a month) or invest in performing notes.

@Jake Kozul Find the owner and strike   a deal, BEFORE you pay their taxes.There is another more complicated procedure called ADVERSE POSSESSION, however in Michigan it takes 15 YEARS, and has strict requirements.

You need a considerably higher downpayment for a strictly investment type property, more like 20-25%.

Any amounts demanded above that is strictly at the discretion of the lender: they may have an internal policy of 30% down or it may be based upon the risk you present as a mortgagor.  

Sometimes I wish the restrictions on UPL were less strict, because I am noticing some severe legal deficiencies here.

So I'll call it  rent2ownsolutions and then something else in front of it.Private lenders generally don't understand private lending and self-directed IRAs So I would have self-directed IRA educational site strictly for your area.

jk ;)I sort of stumbled in to RE working for the past 6 years in bank regulation.