I am sure there are plenty in the NY metro area. 

You could use it to start doing some BRRRR investing so that your money never runs out and if you do that for 5 years you would have plenty of properties with equity and hopefully enough cash flow to live your dream.

Our payroll is running around $200K a year for 2 FT + 2 PT.INCOME = $465,720EXPENSE = $213,200NET = $252,520 ($21K profit a month)This leaves us plenty of wiggle room to offer resident retention programs, marketing programs, cover out-of-pocket upfront expenses, and maintain a healthy business operation WITHOUT overcharging our clients.Your assumptions:Renovation - 30-50% markup bet I'm close, hopefully not low by a bunch.

You know from being in the turnkey business that, similar to wholesaling, there are plenty of companies that do it wrong or convince a buyer that it's easy since it's all taken care of.

I have plenty of fail forward teaching opportunities for you! 

@Aaron GenaroThere are plenty of discussions threads and posts on this subject.

Here are my estimates after getting financing.Good job, Tim, and way to show that there's still plenty of meat on the bones of many of the 'burbs of Allegheny County for someone looking for these kinds of SFRs. 

Yes plenty of great information, appreciate the support. 

I'm sure that there are plenty of people that overextended when the market is good.

I have plenty of investor clients that buy renovated or almost new construction fourplexes with tenants in place.