I would imagine operating in NYC right now is essentially playing with fire.

I have recently came across some videos on working with Section 8 on rental properties.

Getting to know the towns, neighborhoods, streets and actual properties is essential and far more important than just one town name versus another.At this point, you don't know anything about your future tenant, so I wouldn't assume they are trying to get to the city.

Last cleaning cycle, I had two of my properties with disconnected/damaged vent ducts that essentially vented the dryer into the basement (in one case) or the attic (in the other case).  

These connections will be essential as you begin identifying growing markets, securing land deals, and navigating new construction loans or cash investments.

It's not as easy as it looks on YouTube and if you don't know the process on how everything gets connected, you will get charged 10x what the videos tell you on the Interwebz.

Look at some YouTube videos by Anderson Business Advisors.I am not an attorney, CPA, only a long-time investor. 

You can already write off expenses like mileage and meals as a sole proprietor, which is essentially what you’re doing now.For BRRRR, keep in mind that refinancing a property owned by an LLC can be more difficult, as many lenders prefer to deal with individuals.

Also they remove the need for a chimney and individual water heaters since the exhaust is essentially moisture. our HVAC does most of their work in the city if you want contact info- He's installed 3 for us just this last year lol In basic terms It would involve:-Permits / approval-Additional Meters X 3 (all thru UGI, they coordinate with contractor)-3 additional units to accommodate each apartment.

While this term might sound like a positive development, it is essentially a rebranding of the traditional "Price Reduction."