Since competition is high and inventory is low on Long Island, I recommend BP members try to go direct to seller which is an active form of building an off-market deal list. 

Not sure how one would make money on this. they are following the buy high sell low concept of investing. !!

You could have just caught the right breeze, or the low rates might have given you a spurt.

1M seems low and I'd like umbrella, but appears I'm unable to get it as far as I'm aware.

@Brittney Yang surprisingly I have found that I can have glue down LVP installed by a local flooring company, we use Artisent Floors, https://artisentfloors.com/, for our local renovations and they are awesome and they can do it for less than what I can buy the product for at Lowes or HD even with my 10% military discount! 

Also, there may be some tax benefits if they can qualify for federal funding based on low income. 

I tried to do a cash out or heloc on this house but it couldn't be done because of the price it was low. the house is located in Rockford il, planning to buy in Rockford as well since I live here.

The short version is that you want a strong and diverse job market, low unemployment rates, a growing population, low vacancy rates and new development, affordability/cost of living, real estate laws and court system, good schools, and low crime.Check out the videos from Dave Meyers with BiggerPockets.

Background on me: I need to obtain a graduate degree for promotion at work, but it can be in any field at low-no cost to myself.

I am finding it difficult to find deals due to inaccurate rental projections with high prices and low supply.