I think there might be some properties available fitting your requirements, and it’s not too far from Staten Island. 

With the money, the Cohens amassed a portfolio of 79 apartment buildings and 34 single-family homes, totaling 1,674 units, according to a court document.But the Chicago investments suffered big losses, and EquityBuild’s fundraising program turned into a Ponzi scheme, the SEC alleges, with money from new investors used to pay off earlier ones.

Maine has the efficiency Maine program, of course, which can reimburse for some energy upgrades.

They will service loans under 70k and if this is for an LLC they have great terms for their portfolio loan program. 

if the owner is paying the utilities , go count the meters and verfy that the buildings are legal 9 families, there should also a public landing meter for each building for the hallways and out door lighting . i dont know what state your in but also make sure the tenants aren't on some sort of programs where the landlord is required pay the utilities to have the tenants .

And it really doesn't fit my needs.  

@Blair Poelman Thats what I looked into, they tried sending me a sample and I needed a special program to even look at the sample so i wanted to see what other local investors were doing!

@Matt Shields, right now 6700 new units are being built in South Baltimore alone, crime is down this year, and the only reason why Baltimore is losing people is because the biggest voucher program in Baltimore called MBQ is forcing all new voucher holders to rent in opportunity areas, ie towns outside the city in Baltimore County areas with low crime, low unemployment, ie really nice areas where houses sell for 300K. 

I looked pretty hard there this year but couldn't find a property that was a good enough value or a good fit with the funds we had to spend.

I've been running the numbers on properties that fit my criteria and the cash flow definitely isn't there compared to some other markets.