My experience has been 2 flips, a single-family flip I did about 10 years ago and I’m about to finish rehabbing a 2 flat I purchased in 2014, I originally bought this property with the intention of renting in 2014 but about 9 months ago I decided to rehab and flip it do to the increase in value in the last couple of years.

We all can see  that there is a huge slow down and a lot of markets got flat and wonder if savvy investors think that it might sink further, especially now with mortgage rate going up again in October.

So even with a big economic downturn, I have a hard time imaging that prices will fall, at least for properties under the median.So if you got a few million bucks in RE out in FL or NJ, do you hang on it, or do you start to cash out now and go buy something in the Midwest or TX where prices are flat... and way less likely to tank hard...?

The way you need to inspect flat walls for bumpy finishing work after spackling and sanding and priming is with a bright worklight held at 90 degrees from the work.

Just received a 4 flat from a deceased family member.

I am not considering selling the place but I bought it 2 years ago and NYC market has been pretty flat ever since.I have an outstanding balance of 460k$ on a mortgage at 4.3%, which is 30 year fixed.

QUESTION: Is the paper work such that me and the seller can complete WITHOUT a realtor or should I consider using a flat rate realtor at $1000 to help with the paperwork?

It's got a flat roof that I haven't seen replaced in the past decade. 

We used private money to purchase and rehab took 9 months, got it up and running in spring of 2017 and so far it's been good.It's a large 2 bedroom flat 2ndFL with two 1 bedrooms on the first floor.

If they are marketing and bringing you new properties, then a percentage or a flat finder fee for each property may be appropriate.If their role is purely administrative and they are simply managing the rentals once they are received, then I would only consider a periodic bonus based on the increased workload.