DM if you want to talk more. 

For instance from the people I have talked to in many areas of California anything sub 400k in a decent area it flying off the shelves with tons of offers.

I would just make it a talking point with the realtor, you shouldnt have to pay for their services as the buyer even with the new rules. 

@Mike Wood Yessir you are correct. response to @Bryant Brislin I have talked to 2 lenders.

Well, you will see my responses in bold that show the facts vs some guy sitting on the internet thinking he/she knows what they are talking about.

There aren't too many neighborhoods in NY without several construction sites so I can only imagine how this curiosity has continued to grow.Welcome to the BiggerPockets forum... great place to connect with other investors and learn everything there is to know about RE investing.What are some goals you have in mind?

Not saying that is true but just as with any investment talk with people operating locally and run your numbers thoroughly. 

You would have some additional flexibility and often they won't worry about your W2 income if you think that might be an issue, as well as your credit.Certainly a lot to consider, happy to connect and talk through your options if you would like!

We contacted the tenant by email, by texting, and once talking telling that he has to leave at the end of the lease, but now the tenant does not want to communicate and does not pick up a phone.

Someday I would like to possibly have 4-5 homes that I would be renting out that could possibly help me retire a little early as well as provided continued cashflow in retirement.