Hello Everyone,I just started listening to the BiggerPockets podcast about 2 weeks ago and have listened to the 10 most recent episodes.I'm currently reading Brandon turner's, "The book on rental property investing."
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Nice entry point too for % of funds into the deal! 

Use a "skinny contract offer" a one page offer - easy to understand and explainHave full disclosures - let sellers know what to expect and that you are in this deal to make a reasonable profit - honesty  is the best way to negotiate.Use a Hybrid offer - make the seller your partnerHave only one contingency in the offer - make it clearAlways get right of possession or right of entry - you need to get it shown in order to get it sold to an assigneeAlways get rights of marketing - always ask seller for contribution to marketingAlways get automatic extension build into your offer - you never want to run out of time to settle or assignAlways have rights of delayed settlement - use special clauses to accomplish thisMake sure your title company is aware of your transaction and who gets paid what and whenDon't fall for those selling BS courses on how to wholesale and flip properties - most of them don't know what they are talking about and only want a seminar fee from youIs it legal YES - if you do it right - BUT it you act like an agent - regardless of your intentions in an assignment transaction and you are not a licensee - you could be in deep trouble.Understand agents and brokers hate you and will do anything to hurt your business. 

This being my only storage rental unit makes it not worth it to do the research on my own and rather just ask around.5 is an old mechanics pit, 4 is the entry door.Johnson City Vestal New York Binghamton Endicott Owego Conklin Endwell

I’ve been interested in RE for some time now but haven’t had the guts to make an entry just yet.

(B) If the landlord makes an entry in violation of division (A)(8) of this section, makes a lawful entry in an unreasonable manner, or makes repeated demands for entry otherwise lawful that have the effect of harassing the tenant, the tenant may recover actual damages resulting from the entry or demands, obtain injunctive relief to prevent the recurrence of the conduct, and obtain a judgment for reasonable attorney's fees, or may terminate the rental agreement.

I do think NYC will come back and if I can find an attractive entry point, probably worth looking into it more.

Houston has lowest cost of entry and great values.

Owner Occupied financing (high LTV) such as FHA make the cost of entry in the home market (house hack) cheaper than many OOS markets. 

I have been reading many posts about the midwest market being best for low cost of entry.