Combine that with rates that are near high for this century.  3 things could solve this 1) RE prices fall (that would be bad for me) 2) rents increase a lot without RE prices increasing similarly (this would be bad for tenants) 3) rates fall a lot.  

Should I re evaluate what strategy I should use and maybe look further out in places such as Rochester and BRRR properties out thereHey @Jared Leggett, I know I'm jumping in here late in the game, and I have to admit that I haven't read all the many comments you've gotten, but I wanted to provide what I imagine and glean is a contrary view.It is easy to dunk on NYC for young investors starting out, but if you are a first time homebuyer you can buy a $1M property with $35k down (+ closing costs which can be avoided with seller's concessions).

And then if there's disagreements or new items to  re-negotiate, you lose most of the leverage if that person already has your money in their pocket. 

Cash out re-fi's are very difficult given the economy and the fact it has been an election year.

I'm falling way behind my plan, and with my W2 job becoming unbearable I want to accelerate my RE efforts. 

Partnering with a wholesaler sounds fine, but check the real estate licensing laws in your state before bringing a buyer for a commission.You might consider getting your real estate agent's license and legitimately earn what your skills, drive, and experience truly command. exactly wholesaling or bird dogging is not a life time or long time occupation  RE sales can be lifetime and if your any good at it at about year 10 you should be getting all your sales from referrals and such.

Quote from @Taylor Kendrick: Quote from @Chris Seveney: Quote from @Taylor Kendrick: Hi there,I came across a section on appurtenances in my RE course and wanted to explore a hypothetical.

If they have the funds to evict and re-rent to good tenants, they have solved the problem.

There are also limitations of how much total loss from RE you can take against your W2 unless you are a RE Professional.

I have a large sum of cash sitting around, and I also have a long term goal of moving into a house for my kids and I, so I'm questioning if I should trying to re-strategize.