I’m new to investing but would like to know if anyone has had experience in rental properties in Albany NY will it be the next big market ?

Receive it from her via her will after she passes like @Linda Weygant and a couple other smart people have suggested!

We are trying to grow our investing to be full time, however, I am really concerned about growing smart and not too fast.  

By asking for high EMD, the buyer is more likely to close, and the seller is less likely to have to worry about the asset getting relisted -- especially given the fact that smart investors are good at taking advantage of relisted REOs.My guess is that this is just a seller looking for some leverage to get to the closing table the first time. 

I know this is a real estate investing forum but I didn't have any other relevant forums I'm a part of to ask and you're a smart bunch so here goes. 

You can search at the top of your screen to read additional posts on this topic.https://www.biggerpockets.com/forums/87/topics/117...Now that you have made the move, below are some links that will help with the navigation of the site. http://www.biggerpockets.com/startherehttp://www.biggerpockets.com/meethttps://www.biggerpockets.com/alertsHow to Use @Mentions on BiggerPocketshttps://www.biggerpockets.com/ruleshttps://www.biggerpockets.com/inviteshttps://www.biggerpockets.com/forums/categorieshttps://www.udemy.com/biggerpockets-real-estate-investing-course/ (video with 64 lectures and approx 6hrs of material)https://www.biggerpockets.com/real-estate-investing (Ultimate beginner's guide to REI)Before your 1st purchase, please ensure you visit the below link for some tips.https://www.biggerpockets.com/renewsblog/2014/12/19/real-estate-investing-success-smart-tips/REI books suggested by BPershttps://www.biggerpockets.com/renewsblog/2015/11/13/7-real-estate-books-beginner-investors/ (7 absolute must read books for beginner REIs)http://www.biggerpockets.com/renewsblog/2013/04/14/best-real-estate-books/?

The book speaks about buying the property for 80% of its original value for it to be a good and smart investment.Any help is greatly "appreciated" :)Thanks!

Ok, now that you have taken your initial step, below are some quick links to get engaged.Since your interest lies in turnkey properties, I added the below links for your review while waiting for feedback from the community.https://www.biggerpockets.com/renewsblog/2015/08/20/askbp-089-how-do-you-evaluate-a-turnkey-company/ (Turnkey Evaluaton)https://www.biggerpockets.com/renewsblog/2014/03/23/what-does-turn-key-real-estate-business-entail/ (Turnkey REI) http://www.biggerpockets.com/startherehttp://www.biggerpockets.com/meethttps://www.biggerpockets.com/alertsHow to Use @Mentions on BiggerPocketshttps://www.biggerpockets.com/ruleshttps://www.biggerpockets.com/termshttps://www.biggerpockets.com/inviteshttps://www.biggerpockets.com/perkshttps://www.biggerpockets.com/forums/categorieshttps://www.biggerpockets.com/rei/glossary/https://www.biggerpockets.com/courses/a-beginners-introduction-to-real-estate-investing (video courses)https://www.biggerpockets.com/real-estate-investing (Ultimate beginner's guide to REI)REI can be very daunting, but, before you go searching for that 1st buy, please take a few minutes to bone up on the tips in link below.https://www.biggerpockets.com/renewsblog/2014/12/19/real-estate-investing-success-smart-tips/REI books suggested by BPershttps://www.biggerpockets.com/renewsblog/2015/11/13/7-real-estate-books-beginner-investors/ (7 absolute must read books for beginner REI)http://www.biggerpockets.com/renewsblog/2013/04/14/best-real-estate-books/?

I have to be smart enough to recognize the difference.  

You're in construction, so consider adding some things like ceramic and glass tile back splashes, ceramic floors, ceramic baths with nice towel holders and light fixtures.