Basit Siddiqi Not necessarily...This law will force Airbnb to provide names and address of Airbnb hosts to city..From what I read this might give a reason for the city to inspect a Property of an Airbnb host.If I’m a host I don’t want to give city any reason to inspect my property.If host is living in Property and doing Airbnb legally in upstairs apt he might be ok but if he converted his basement to be an apt he will get fine from what I understand..I don’t invest in NYC but I know many who are hosts for Airbnb, I would be reluctant to host if I can be scrutinized by the city..This is a major win for Hotel industry...

Your intent was to have Proper repairs done, which I understand.

Sit down with them and try to understand fully what services they are providing you with.Another question to ask is how many guys they will have on the job, and if they can guarantee completion during the time you need it since you have a tight timeline. 

My fiance bought the house that we live in, so through that I have a mild understanding of the home buying process.  

All of this is subject to change once I have a better understanding of real estate and the community.

If anyone can point or explain how I can research market trends on houses being sold in an area so I can always be on the know and develop a competent understanding of my local market. 

From a selfish point of view I teach people the hard truth about real estate. i don't want to compete against newbies that don't understand the risks they are taking, and the hidden cost they are ignoring. 

Most agents do not understand investing and what it takes to make a  good deal. 

Make sure you understand the market you're thinking about investing in.

Understand that you are speaking to a Bank and they are trained to take advantage and they will making a good investment with your money with the down payment and the other fees they charge.