Let's of NYC investors look at other cities in NY, Rochester, Buffalo, etc... they can drive to them to see them, and they know the state well enough to feel comfortable.Most of the rust belt cities in NY offer cash flow as well. 

They promote a lifestyle versus how to actually do something. 3.

The incredible amount of profit on the upside, Iconic Bellaire demand, Passion for creating & building How did you find this deal and how did you negotiate it?

2. how to know where to find a B,C,D areas\neighborhoods in cities\ countries.3. how do I know if a property is worth the checking\ buying?

Do you have experience and know the cycles of your market so you know the best price?

They invest where someone tells them returns are good, without knowing the markets intimately.

Maybe a better question would have been if you know how much money you have for a down payment on a property? 

You wouldn't know if it is truly illegal or not without asking the city, which you would not do obviously.

Were you able to fight it, and if so, how?

Here’s how to handle the tax filings for your rental loss:Missouri (MO): File a MO non-resident tax return (MO-1040NR) to report the rental loss.