So far I have a location  and buy box from the company that will be renting my properties long term, they will sign 5-7 year lease.

My buy box is SFR 3 bed, 2 bath, less than 2,000 sqft. and below 800k. 

I'm looking to get a sense of what these type of deals look like in NYC so when I'm negotiating with the seller I know exactly where price and rents need to be to hit a general buy box. 

Next move: define one target submarket and a buy box, then run five real listings through a basic cash flow calc to see what actually pencils.This guidance makes a lot of sense and gives me a clear path forward.

Start with two weekly reps: pick a buy box in one submarket, then analyze five active listings using rent-to-price and a local PM’s take to sanity-check numbers.

Quote from @Elealeh Fulmaran: Treat networking like deal flow: show up with a clear buy box, recent comps you’ve worked, and proof you can perform, then ask seasoned investors what they’re buying right now and why.

I looked for a long time to find the duplex that checked off my buy box requirements.

They, in retrospect was a bad idea, did loan mods at 3-5% for borrowers (whyyyyy?????)

Also worth mentioning that having a Buy-Box in place is very helpful!

@Omar Saint Louis I’m an end buyer, but I have pretty specific buy box, mesa chandler Gilbert, SFH under 2k sqft, no pool, no solar, not 55+, max $300k purchase, must be at least $30k under FCV on tax record.