@Rebecca Arko we had six figure student loan debt and bought an owner occupied three family which allowed us to live for free in a high cost of living area right outside Manhattan.

A fee to drive into parts of Manhattan was approved on Sunday as part of the New York State budget.Here is the title:Congestion Pricing: N.Y.

I bought a couple of houses over the years and an apartment in Manhattan to live in.  

Still, right now, I'm not sure I'd be comfortable doing a buy-and-hold here in Manhattan or in the general area.Also, on a "more personal" note, your last name is also one of my favorite computing terms from back when I got into the software business:https://en.wikipedia.org/wiki/Abnormal_endIn fact, in some software I've been writing over the past few months, I've been using it as a searchable way to indicate missing features! 

Hello, can anyone recommend an investor friendly title company who in New York City (Brooklyn, Queens, Manhattan, Bronx)?

Even just within Manhattan there are many different markets so it really depends on what you're looking at and where.

@Michael VerBout In most cases you be better off letting it go to sheriff sale in buying it for the sheriff sale price if you try to reinstate her do anything else you’re going to have to pay legal fees and other penalties to the mortgage company in the PF will significantly rise you’d also have to take care of that $10,000 second lien which will be extinguished in the sheriff sale.

It defeats the purpose if it costs as much as a stick built home.I have know people who lived in Manhattan in 300 Sq Ft.  

I was a business owner who purchased a Coop for my business in Manhattan.

The most common I've seen is 40 years, but if you owned a skyscraper in Manhattan I could understand the justification of something longer, maybe even 100 years.