Only the first can be corrected, but us making a mistake and getting anything less than 5 star review is stricly unacceptable in my eyes and my team also has a strong sense of ownership in their position and loyalty to my company.   

Not sure if this will go against the culture here but if I read correctly and you are considering tying up your primary residence to an investment property please reconsider leveraging the home your family lives in. 

What do you do to ensure that the tenant is responsible for security deposit disputes since that is the largest reason for owner lawsuitsHow familiar are you with the newly changed laws that can affect you the owner if they are not used correctly?.

With how old NYC's buildings are, everything has to be grandfathered in until the city calls for correction which will happen when he lets the inspector in.

And @Michael Plaks is correct that setting up in GA didn't avoid the CA LLC fee. 

I wouldn’t think this would necessarily be the correct solution in a condo unit.

So it's not correct to say you cannot depreciate real estate in an IRA.  

There could be a million reasons as to why you didn’t achieve that goal, but course correct and get it next year!

@Alecia Loveless is correct--tenants need access 24/7 to their electric service panel, water and heat, assuming those are individual utilities for each unit. 

Please correct me if I'm wrong.You can require them to have insurance, but you cannot require them to purchase from a specific policy provider.