If your goal is cash flow and long term hold and you can find that cash flow, then a short (or long) term dip in property values should not be problematic as long as you continue to cash flow at your target levels.  

I'm looking to begin investing in buy-and-hold properties in peripheral NYC markets: Brooklyn, Queens, New Jersey, Upper Manhattan. 

Liz has extensive knowledge in financing, appraising, construction, marketing as well as her greatest attribute is creating systems to maximize time, quality and monetary constraints to ensure efficiencies on all levels.

My skills are on the phone sales (extremely high Level) in person sales ( high level) and taking action.

Look for cracks on the foundation, sagging or un-level floors. - Water damage is a big one.

This is not some little one unit house to hand over the keys, this is a apartment complex with over a dozen people all moving along in the transaction, including incoming and outgoing Property Managers, Agents, Tenants, etc.Normally buyers are much more professional at this level.

Everyone has to determine for themselves what their comfort level is, but you also need to be critical of your own motivations, are you investing to maximize your profits, or looking for a hobby to spend your Saturdays on?

Once you have done this, you should now see a number where it says "Count" in the upper left part of your screen.  

They lead the interaction and have to be capable at some level of guiding the client.  

But now I think its time to take it to the next level and turn it into a business.