Thanks for the welcome replies everyone.

Welcome, @James Chung.Just a "quick tip." 

@Ruth Bayan Thank you very much for the reply!

This seemed incredibly inefficient and not worth the time so I canned the idea of real estate investing all together - Fast forward to last week when I learned about creative financing to include wrap's, hard money, etc. 

Thank you all for the warm welcome and tips!

Properties are generally much cheaper relative to the rent they pull in, than in NY.3) Lower fixed costs - lower real estate taxes for starters relative to your rent roll, etc.4) Lower variable costs - labor is A LOT cheaper here.  5) Less stringent code enforcement.6) Less maintenance - milder weather, and younger average age of homes make for less maintenance.   7) Diversification - low entry price to buy property allows and investor to manage risk by buying properties in different neighborhoods instead of putting more eggs in one basket.In additional to the benefits I listed above the city is growing so fast that homes rent very quickly, often times before the sale of the home.  

Hello Everyone,I am still super green when it comes to real estate investing.

@Tim Pagano , thanks for the tip regarding rent control legislation.

Any tips or advice would be greatly appreciated!

Thank you all for replying.