Suburban markets outside of NYC like Long Island and Westchester continue to see price growth and high demand.That said, NYC's median sale price is about double the national average so speaking with a lender is recommended at this early stage.

I pulled every 1bed/2bed/3bed/4bed listing that was rented over the last 180 days and then found the average and median amounts.

@Usman Khan Yes, you can apply the short-term rental tax loophole to the STR units (80%) in your triplex if you meet the material participation requirements and have average stays of less than 7 days.

What is the average cost per foot to do those items, mainly the electrical, plumbing as well as all new sheetrock. 

The national average for occupancy has fallen to 87% (2023).

Real estate investing is forgiving; the average person can still make money even with some big mistakes.

I believe (on average) they gross a little less than BR but typically purchase prices are also a little lower. 

There are others who will allow it in the LLC's name, at least for wholesaling on the average.

Run it through a BP calculator with an average rent growth and appreciation and see what happens in 10 years. 

They claim to speak with around 200 people per day (not an exact number, it varies from day to day, but this an average), and they upload reports/logs for me to review daily.