But, I assure you that if you scale or stay in the business long enough, you will get some bad ones.

No matter where you live or where you own assets, I personally recommend the Series LLC to be a great tool for the individual investor who is planning to expand their operation, as it allows for you to scale infinitely for FREE- check out this article to learn more.The fourth pillar is somewhat similar - you want to separate your operations from your assets.

JC, NYC, are way high, with exception of Wakefield, Grand Concourse, West Farms, nomansland wakefield, brownsville, and south JC/Newark, which have high cap rates and high potential for appreciation, but the chance of getting shot or mugged is much higher as well, something a house flipper won't do with a family should they have one.That begs yet another question, if I am starting out in NYC with an ok Salary (150k-ish), should I stay here or make my ways to another market which is less saturated for a 50k pay cut, where the income while lower, can scale due to multiple series of house hacking in low property tax areas, compared to a higher salary with less RE possibilities?

My wife and I have "flipped" the three houses we have owned to pretty much scale up each home to what we have now for the five of us.

Caveat: if you are bringing in a huge amount of money say 50% of the raise then that might tip the scales in your favor)Ask you can tell this is a really grey area.

This is why you only see SFH, which command the highest market price, and large apartment complexes, which have economies of scale, being built. 

(By viable I mean a a fast enough process to scale my units)Thanks for your straight up answers.

This way you can get the cashflow needed to hire a professional cleaning service that will do it for you allowing you to scale your business.

My goal is to leverage the free and clear owned properties and scale my rental portfolio. 

Similar to a buyer requesting credits for items found on a home inspection I would guess but on a much larger scale.