Make sure to factor in insurance (slight change as rental), property tax (in our market is 2x a primary res), vacancy (3-5% in most markets), capex (old roof?)

I'd be happy to visit about the market.  

@Jonathan LudizacaIt really depends on the market.

It requires no money upfront, so you will join thousands of others trying to do the same in your market.

Look at their marketing strategy.

This will make it a lot easier to manage, will cost you less than buying on the market and typically you can get 1:1 rent returns.

I believe the value would get passed to them and the current market rate. 

Access to Cash Value: A properly structured permanent life insurance policy (like an IUL or whole life) can build cash value that you can borrow against for property acquisitions, renovations, or even as a safety net during market downturns. 2.

Why ask: A mentor who is actively involved in the market is more likely to offer relevant, real-time insights, strategies, and lessons learned.

I help investors find opportunities in the NYC market, specializing in residential and commercial properties.