In terms of roi if you are diligent enough with your money and play smart you can get 5 properties in 5 year, each about a 10-12 percentage roi.

The home will be equipped with smart home technology.Don HoganREALTORColdwell Banker River Valley Realtors What made you interested in investing in this type of deal?

I've participated in over 30 syndications deals and what's loud and clear is this is a "team sport", build your brand / leverage others that have that experience you want by being a key part of a team and this will greatly accelerate your brand assuming you are choosing right partners (character, ethics, smarts, experience, etc).

- Class B property in Class B+ location with 8% below-market rents- Previous owner mis-managed the property by running costs too high- Value add: Renovate 10% of units, Install smart home packages, Implement valet trash, Install kayak dock on lake, Upgrade clubhouse and on-site gym How did you find this deal and how did you negotiate it?

Also, What are some key probing questions I should ask the seller to make sure I leave with all the necessary information to make an educated, smart decision as to invest or not. 

During these exciting times, I'm trying my best to remain patient and do this the smart way.

I was hoping to get advice on which type of property and borough is a smart financial move.  

You will definitely want to get smart before diving in.

One helpful site I've come across is called Smart Asset and they have a property tax calculator that will help estimate property taxes. 

Using maximum leverage is not smart just because it’s possible.