Similarly, if you put several Class D tenants in a Class A 4-plex, what do you think will happen to the property?

So some similarities, but many differences.

What your currently doing is similar to what we do on a majority of our units.  

Hey Chris would love to visit.  100% of my business is helping clients in all 50 states with purchasing vacation homes/STR properties. 90% of my clients use the 10% down loan because the lower down payment requirement and rates/cost similar to a primary residence.

I’m curious if the process in NYC is similarly structured, where it’s difficult but feasible to follow through, or if there are unique barriers that make it much harder or even impractical.If anyone has insights or could answer a few questions, I’d really appreciate it!

We were in a similar situation and decided to look around.

Reason I’m asking is because today reading through old posts on this subject, I came across discussions that stated if it was Credit Card, PayPal, or similar avenues, that 1099s aren’t needed since those companies issue them.

Property PerformanceOccupancy Rates: Use AirDNA to check occupancy rates for similar properties in the area.

Search for "real estate vs stock market" or something similar.

Hi Jason, I have been following your post since you only had a few replied, I'm in a similar situation where I have some cash, but not enough to buy the homes I want.