That said, the number of times I get on a call with a BP lead and realize they have already thoroughly researched me, including my past deals and content, is incredibly high.This goes to show that the value you put out there matters.

Agreed- with a long term rental you can be very clear and upfront about all the nuances/quirks of the property and what is included because the transaction has far more direct communication.

After discussing their goals, we realized they would like to maximize the property's value while also including me in the process, given my background in general contracting.

I reviewed the SB9 legislation, and it states that properties occupied by a tenant in the last 3 years are excluded from SB9 but only if the project includes demolition or altering more than 25% of the exterior structural wall.

FINCEN will administer this.Who is Included?

Your calculations should include utililies and repairs, legals, snow removal, etc.

First, the $316K w/study seems a little light, and I would interested to see some more details on what they included in their 5,7,15 year asset classes.

Main benefits to this strategy include:- Low down payment options (as low as 3-5%)- Acquisition experience- Property management experienceThe NYC metro area has nearly 2,000 available 2-4 unit listings on the market.Other new investors consider the BRRRR Strategy.All the best to you on your journey!

There are a bunch of great investors who are more than happy to share and network (including myself). 

Here's an article with FAQs including the cost of a study.