LA cash flow is certainly deep red. 

It's not an earth shattering idea, but it increases your income and protects you from yourself (wanting to scale too quickly, making compromises, and introduces extra risk).I'd suggest taking a breath and getting a sample size of more than 1 month of bookings before buying the next one, but I get it. 

But this gives you breathing space and time to see what area you would like to live in and most importantly find a job therefore how close or far from work do you want to live?

When we bought the place in 2020 this whole room was a deep butter scotch yellow with pine wood stairs, cabinets, and massive furniture (see before photos below). 

Don't hold your breath. 

Her 6 years as a Property Manager have given her a deep understanding of all aspects of property management.

It's impossible to know without a deep-dive into the condition of the property, the projected renovations, and finance options.But you should still try to answer the question! 

Where they will tap into the sewer is actually 20 ft deep. 

Stock market liquidity and diversity are complemented by real estate's potential for appreciation, tax advantages, and passive income.Before making any decisions, it's advisable to consult with local real estate professionals, including real estate agents, lenders, and property managers, who have a deep understanding of the NYC market.

I am new to real estate investing and I have do have a deep desire to make it work.