NYC investor/landlord - LLC or not, West Village or Upper East

[Ryan Still]

Hi BP buddies,

I am a new investor based in Manhattan. planning to purchase 1 or 2 studios to sublet.

1) shall I register a LLC or purchase under my name ?

2) West Village or Upper East has more potential to grow if I will sell it before 2016 ?

3)  many condos have surpassed the 2007 peak but not co-op. so better deals on Co-op than Condo if they allow sublease? 

4) any suggestions if I have 600k cash in my saving?

Thank you all.

Best,

Ryan