You live in NYC and are close to so many areas where you can make a more sound multifamily investment.Most of my holdings in my life have been in NY and the landlord-tenant laws never were much of an issue because of how I chose tenants, but it's certainly a consideration.

Jackson MS 80% of your rental pool is on some sort of subsistence Portland maybe 15%Jackson life long renters ..

Maintenance, the life cycle of commercial W/D, and the cost of converting from coin-op to debit card operated? 

A cost segregation study is a strategic tax planning tool that separates the assets that have a shorter useful life and can be depreciated over 5, 7 and 15 years from the residential rental property or nonresidential real property that are depreciated over 27.5 and 39 years, respectively.

This is a good business, it can and will change your life if you Execute!

Then figure out the time and energy you can commit to investing and other life priorities to be.

Since there is even less documentation to look at/review with this, pricing is a bit higher than your typical DSCR LTR/STR product, however, there are numerous ways you can structure the deal to make certain the #'s work for you.

@Devin JamesNothing in life is typically handed to you and nothing is typically get rich quickThe most successful people I know show up everyday and grind it out- they don’t let a failure destroy them - they get up and keep going.If you also read all the great business books etc they all say the same thing - be humble, be consistent and have a plan.

If you sell the homes, what investment could you buy and what would your cash flow and quality of life be after? 

There are numerous property tax protest companies in Texas.