I'm somewhat familiar with small business accounting as I've run a tiny retail business for the last year and a half and done my own taxes for it.

Quote from @Lee Banks: Im Lee im 22 and currently live in New York, I constantly stress about how I'm going to take care of my family and become financially stable/Free.

Property insurance on 2-4 units in working class areas is typically 2-3x as high as class A areas in the same city.

Wholesalers are definitely only concerned with the contract.I think the distinction between REI's and retail buyers is what REA's need to really understand.

RE investors, what are you having success with in the Grater Atlanta area, flips, rentals, new construction?

I'm reaching out to see if anyone knows someone who can assist with real estate opportunities in New York, especially Long Island.I'm looking for guidance or connections to professionals who can walk me through options and help with deals in that area.

In expensive markets like New York area, this is the most cost effective way to get into properties and ideally reduce your housing expenses. 

It is not near breaking even and I challenge anyone to show me any realistic underwriting that depicts otherwise.Assume retail is $230k with purchase at $160k, the faster you can sell the higher your profit.  

Okay, If I find you a deal in Buffalo, New York, will you buy it from me? 

I don't know about this cap rate projection, at least in CRe-Retail we project out a 10 basis point rise in cap rate for each year the property ages, so the Cap rate may be 5.5% assuming interest rates don't budge, (probably heading higher as US Govt has to deleverage its last 40yr debt run-up, like we did between '45 and '82, and we did again btwn 1899-1920, same 30-40 pattern going back to mid-1800s)I watched all their videos/podcasts/available webinars.