The last market valuation of this property was ~650k.

Meaning that if tragedy happened and the unit was unusable, they'd cover market rent.

When you're fully ready for analysis check out the renter analysis tools and don't be afraid to post questions and ask for help, everyone is really supportive :) A good first step and great lending resource (super important in today's market) might be to check in with my lending guide and bestie of 20+ years @Joseph Chiofalo they lend nationwide and he's very patient with newbies and can help craft a workable plan towards portfolio growth.

You will learn so much from people who know the market and they will also have resources that will be useful to you.As for the properties themselves, it never hurts to start looking.

Great ideas, i've stayed in some cute campers on air bnb in some expensive markets.

This property is fully renovated bringing in 20k a year, it's currently under market rent value so the next investor I assign it to can increase the rent, up to market value.

The other side is rented under market value but I’m about to go up on the rent some due to rising costs.

You can look into a DSCR loan, however you will need to make sure the property can qualify with market rents.

Here are some considerations and additional things to think about:To ascertain the level of demand in the Bronx for medium-term rentals, do in-depth market research.

Practice market research, property analysis, building a team, and starting small.