@Arthur Hicks The Newburgh meet up was hosted by the Orange County Real Estate Investors club.

I owned A few houses out in orange nj is a rough part of town so I have an idea of what could possibility come with the territory with investing in Newburg.

I’m located in Orange County NY.

While you are in the Purchase Contract Option period:you can work on getting the SRO/rooming house legal.start working with local non-profits in the city of Newburgh and Orange County who could help you with managing Transitional/Temporary homesnetwork with local government on any community development grants that they have to improve the area where the 3 building parcel is located.The benefit of going the Purchase Contract Option route is that:You get time to legalize the buildingLimit your credit risk if you can't get the property to be legal/permittedYou can improve a down trodden neighborhood in a big way which will further help with gentrification.Installing cameras outside of the building and working with local law enforcement can help with the drug dealers.You can also continue to look for good cash flowing deals that can be financed without having to the work similar to this one.

Got halfway through writing a response to discover this is not my Orange County :)

John Hickey host when in Newburgh , there is another one in Newburgh at Orange County choppers, I host one in Poughkeepsie at the icehouse and their is a Reia on rt 9.  

Keywords: Brooklyn, Queens, Bronx, Staten Island, Manhattan, Nassau County, Suffolk County, New Rochelle, Westchester, Orange County, Albany, Upstate NY

If your budget is 100K then I'd recommend Newark since it's pretty close to Brooklyn, and it's in your price range, but you have to get yourself really familiar with the city because it can go from high end condos to war zones in a matter of blocks, you could also check out East Orange and Irvington as well,

A BP member approached us wanting in on a deal in Orange County, as he was in a 1031.

Seeking Experienced Multi-Family Broker in Orange County, CA.