Thankfully I have no property in NY.I loved this quote which shows just how clueless people are about housing issues:“Housing instability is at the root of so many problems facing our city, such as exacerbating homelessness and hunger, failing to meet our children’s educational needs, and undermining public safety,” said the CWTU in a statement.

And agents are legally prohibited to engage after closing - at least per Wisconsin State law. 

There are a lot of site-specific issues you need to investigate before deciding what the land is worth to you.

Yes, you are right about the child labor laws imagine these days if people saw a 9 year old swinging a box cutter and carrying bundles of magazines almost as heavy as he was!

If I had an answer to my money issue then I would quickly pull the trigger on a good deal. 

The HOA can decide to do a special project or make a short 3 story elevator more hurricane proof ($800000) or have issues after a hurricane and then you are definitely not ahead of the game.Please connect with me and I can maybe point you in a better direction.

But it's rapid price growth and sales activity could indicate a more volatile market, with the potential for corrections if demand slows as affordability becomes an issue.

However, I have heard and read of many horror stories of landlords working with incompetent property managers who provide no real value.In attempt to avoid this issue, I am doing my due diligence and asking investors for referrals of trustworthy property manager.

Hey @Patrick Braswell  You shouldn't have any issues getting a DSCR loan as long as you have at least 1 borrower who owns 20 to 25% of the property, or if a couple of you can get to that level combined. 

A lot of the top places have seasonality issues so don't let it scare you.