FYI, Bushwick, Brooklyn NY is a very active rental market with increasing diversity of population ethnically and socioeconomically

You have Repairs listed at 20% so if you are essentially saying vacancy and repairs are 10% each that is fine.If you're getting $1,300/mo on a place you're paying $50,000 for that is good......UNLESS it's in a D or F Neighborhood, in which case the cashflow can look great, but in reality be horrible because of constant tenant turnover and unreliable tenant activities. 

@Mathew Wray is very active on BP and always provides sound advice and quick responses!

Bigger Pockets has state specific forums and the New York forum is very active. 

Same for suspected criminal activity.

I am active duty military and I have used my VA FHA Loan and I know mostly how it works.

Stay active now as the winter is the best time to look!

Rental incomes are passive and cannot offset active 1099 income. 

Build relationships with active local investors (do your due diligence on them...lots of wannabe's out there).

I am currently active duty in the USMC but will be transitioning out within the next several months.