This is a pain because you have to spend more time finding another tenant, but at least your costs are covered in the meantime.

I want to get my license to learn about the industry and understand what is going on when my partner and I talk to realtors (currently I am a nanny with a master's in counseling psychology wanting to get into real estate investing....it's a bit of an odd switch). 

I'm essentially giving up control about the timing of CapEx expenses to the HOA which can be a pain.

I also live in NYC so I feel your pain, maybe even a little more since I am currently living in Manhattan. 

Unit rehab is also a LOT because you need to change the windows out to double or triple pain in many areas as the young people that do burn outs on their moped or dirt bike can be bothersome and turn non section 8 tenants away. 

I just dropped 15k on a bathroom remodel and replacing all weathered wood windows with new vinyl double pain windows on a duplex building.

Wordpress websites can range from poor to decent based on the quality of the template but the problem is twofold: Wordpress needs to be updated constantly to address bugs and security fixes (which is a pain to do), and Wordpress is primarily a blog engine and doesn't look great for bonafide websites.From my critical eye, I can tell when a website is made on Wix or Wordpress and not in a good way.

Edit: Unsure if this is best suited in Starting Out, or Investor Psychology...My wife and I are pretty new to this whole thing, and we have a lot to learn.

What is the psychology behind them?

J has been doing very well with this niche so you should consider reaching out to him.Let me ask you this question as I'm going through some growing pain with this.