I am grateful for finding BP, as it has proven to be a wealth of information with a tremendous support structure built in. I

Otherwise, I did everything myself while guiding the owner along the way (on the docs she needed to turn in). I

I am just not sure which borough is better to invest in. I

If you sort the data you can have a vague idea of what price bracket the property you are interested in is, without the need to upgrade.

What I'm looking for is guidance on how to start and things like what is better to buy foreclosures or not and also how do I know when a house needs too much rehab and isn't worth investing in. I

The area I live in is not the area I plan on investing in, would that matter if I joined a local REIA?

@Jonny Lambert see this link for how to mention folks If you are just picking a market to invest in. I

I do agree with you, regardless of the classification of "vacancy", having money going out while none is coming in is most undesirable

On some of our nicer rehabs we will use nicer finishes, and we do a couple high end homes which are more custom but even those are becoming more streamlined.Being in a situation where you understand rental properties is a great place to be in. I

@Naveen Desai Thanks for chiming in!I