Making it work in Long Island

[Juan B.]

I am looking for opinions on making it work in with Long Island NY rentals. Between the taxes and the cost of the property it almost becomes cost prohibitive to get a property that will rent well enough to break even. I have been able to make it work with a single family home since I was able to get a property with low asking price. Ideally I would like to get a legal 2, 3 or 4 but again its price prohibitive, I will not be able to run the property in the black. 

I was wondering if others in this market have been able to work it out with single family homes and how they have been able to make it work out well, breaking over a 10% return on investment.