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Updated about 1 year ago,
Is investing in NYC worth the headache?
Interested to see if anyone here has experience buying and LTR within NYC. I have looked all over the country for rental property and finally found some positive cash flow in properties in my own backyard in solid A/B neighborhoods. My question is - everyone gets scared off of NYC because it is so tenant friendly and you often hear horror stories of being unable to evict people - is the risk worth the reward?