So when the Fed buys mortgage bonds they can manipulate mortgage rates down by introducing additional demand.

As a landlord you might want to go with a cheaper "named perils" policy instead of a comprehensive homeowner policy.I guess the good news about your HOA fees is that you're not being hit with an assessment in addition to higher fees. 

Hello Dana, For that purchase price in Brooklyn, NY, you could be looking at considerable unknown expenses at this point.If the property is occupied, you'll have to factor in attorney fees and holding costs while you wait to gain access to the property.Furthermore, you could be facing additional costs related to title issues: open permits, violations, liens, judgements, etc.

Lots of mid-term rentals and AirBnb, people building ADUs to get additional rental income and house hacking.

And add an additional security deposit, but more importantly is "Why".  

Quote from @Bruce Yi: @Gustavo Delgado what's a reasonable additional deposit? 

When you are first starting out, you should probably buffer an extra 20% on top of your renovation budget to cover incidentals while you are learning the true cost of flipping.When you do all these things (conservative estimate of ARV, additional 20% estimate on construction costs, using a conservative 0.7 multiplier in your estimate), you are unlikely to lose on your first flip (but it will be harder to find your first flip).  

In addition to meeting the requirements for no-fault eviction, you must pay the tenants one months rent.  

I have seen all sides of this equation, self managing my own properties locally, but moved with the Navy 1000 miles away and managed the same rentals from afar, and had friends here in Memphis that had 18 properties and had them all with PMs with varying levels of success, some bad and some great.Self-managing brings about an additional level of responsibility that most of the time is fine, but that is not what you hire a PM for.

Even if your rate was 8% (it wouldn't be) you could still invest those additional funds into the market and average out a better return.