Local real estate agents, property managers, and other investors can provide valuable information about specific neighborhoods, including which ones are on the verge of growth or are expected to see increased rental demand.Lastly, always perform thorough due diligence on any property before investing.

There are two property In queens that my family owns and I manage!

Hi Suzanne, I'm a Realtor and Property Manager in Huntsville AL who specializes in working with investors!

I would also highly recommend you educate yourself on New York State tenant/landlord law, especially if you plan on self-managing.

In fact my former employer who owned and managed a portfolio that exceeded $1B utilized an asset protection system more simplified than what you propose.

Because buying, rehabbing and managing my own properties gave me a certain expertise over time that made it an obvious choice to do so with a focus on working with other investors to help them do what I was already doing for myself.

They are responsible for the day-to-day operations of the property, including property management, asset management, and project management.

We manage over 55 properties in Hollywood.

A crappy property manager can blow a great investment in any market. 

I have questions: was the padsplit net income worth the time management and effort?