There are great resources and people to help in your journey, Staten Island is great for both flips + buy & hold especially Multi Family.  

We live in Puerto Rico and what you state is not the reality on the island. 

Hey everyone,I’m a rookie investor based on Long Island, NY, and I’m currently exploring the idea of starting a salon suite business.

In the search bar, you can search "Staten Island Cash Buyers" or "Staten Island Wholesale Properties".

Does anyone have suggestion on how to streamline due diligence, locate more quality candidate investments, or just operate a healthy investment portfolio for this area of real estate?

I probably knew half the people on the island and all of the kids, at least the ones I went to school with.

If no other units in your building have the 2-person island, then it will be a great feature, but may draw too much attention, and questions.  

So, if you fail to apply the correct assumptions to a property, your expectations won’t be met, and it may even be a financial disaster.We use the following to rank Property Classes, in order of importance: Property Tenant Pool: closely linked to location, but not always.

Yes sir, I want to find a Value add where I can do a BRRRR in the Multifamily Commercial side so it just depends on finding right location with contractor pm that can help facilitate . 

:) And, since it's the second version, you'll get an even more complete answer:ou are correct about location dependency and so you need to do your homework first.