Any tips would be helpful, or anything that I should watch out for. 

Clearing debt and saving up shows you’re laying a solid foundation, and the podcasts and books you’re diving into will definitely help you along the way.

If you're an out-of-state investor or are thinking about becoming one, what's the most important thing(s) for you when you're working through the process?

It hasn't come up for me on a transaction yet and I'm curious how it's playing out in practice!

This is fairly standard in the Westchester area given most homes are 100+ years old and the building code / inspectors didn't really come to power until the 70s or 80s.Likely your real estate agent will note the issues. 

A broker sent me the deal and we were able to agree to a price with seller financing and lock the deal up early enough and negotiated terms and renovation credits from there.

I had a family member pass away with no will and I’m looking for legal advice as to who would have rights to the home. 

I feel your pain when it comes to the high cash flow, but low appreciation and potentially high maintenance properties.

So I wanted to create this post to help those looking to make their first investment! 

But the size of the down payment depends on several factors.