There are just too many people out there with straight cash (or close to it) once a piece of property hits the conventional channels (MLS, craigslist, zillow, etc.).  

I also thought that I will have to develop a relationship with an agent who will send me deals (I know that the best deals go by fast as the top agent sharks feed the best deals first to their top clients who have bought Manhattan property and probably have portfolios)  The question I have now is what is the right strategy to approach the Manhattan market scene.

@Ryan ShortWow thanks for that feed back.

 - Knob and tube wiring, screw-in fuses, low amperage feed to building - The historical designation prohibits freedom to renovate with modern materials - unlined chimneys - egress does not meet modern code (e.g. window opening size, 2nd egress from bedrooms) - cast iron internal waste or water feed lines - outlets are out of code (GFI for washers, over counters, in washrooms) - hardwired, interconnected fire alarms may now be required - old underground utilities or oil tanks that are not known - dry rot in floors from old water leaks - trees have deep roots that entangle waste lines - nothing, absolutely nothing, is plumb anymore. 

If a PM manages hundreds or thousands of units, they are feeding a lot of work to various contractors/ handymen.

I know some 12-year-olds that are mature enough they could be trusted to stay home all day because they know how to feed themselves, protect themselves, what to do in an emergency, etc.

But have been following and consuming content from the youtube channel for a while.

It's nice to point out that to feed a 100amp panel you need #4 cu or #2 al.

The problem is, I don't know the 1st thing about investing.I bought in the market twice before and lost most everything.So I got feed up and bought something tangible, rental homes.I'm assuming notes would have a low rate.?

And often times people feed into this culture of every time they get a pay raise, they go get a new car payment, or something else, so they live their entire lives paycheck to paycheck ("people buy these days, no one rents!"