The turn key property is on a tiny island in the Chesapeake Bay in Maryland called Smith Island.

That's direction I'd advise exploring, not how to do it all yourself as an island, but as a facilitating power.

With the next downturn look to buy distressed top end airbnb and resort properties even destination island properties.  

Hi Marc,I'm also from Long Island and looking to get into the Poughkeepsie market for similar reasons.

My expectation is that they won't pay it, or ignore it altogether.Lastly, if they are actually able to prove your home was in such bad condition that it was uninhabitable, they may have a leg to stand on for early termination/abandonment.

I’m a realtor and investor in Long Island , NY.

Asset Protection Trusts, Offshore Asset Protection Trusts (Cook Islands, Belize) and Irrevocable Trusts with a spendthrift clause are examples of how trusts can provide asset protection from lawsuits. 

I am looking to buy a condo or apartment in nyc five borough area or any neighbouring counties( Long Island, Westchester).

Looking to join LIRIEA early next year but any NY investor meet ups you know of and recommend especially out on Long Island keep me posted.

This property is land only and is zoned commercial.