That kind of shoot-from-the-hip approach can be fun for a minute, but it usually ends up like my old buddy Rick’s first deal.. he bought a distressed fourplex in Tucson years back without a real plan, and while he eventually turned it into a solid monthly cash flow, he spent the first six months sleeping with one eye on the tenant ledger, praying the HVAC wouldn’t bail on him after a hot desert day.

Another thing to consider... if there are mice, and they start chewing through electrical, that becomes your problem.

@Ryan Crowley Having fun yet?

Quote from @Derrick Lewis: I looked up NY state law just for fun and found a good list of recommended practices.

Honestly, the first question that you and your wife need to ask yourself is whether this is primarily an investment or primarily a house for fun. 

Quote from @Daniel Snyder: Just having fun learning about real estate and trying to build a future for my grandchildren. 

It’s a fun journey to say the least.

Let’s have fun 

Here is some FACTS to chew on, yes, from an immigrant household who has actual 1st hand current experience in immigration. 

Next, fun-fact is "Big Government" is what facilitated this whole disaster in the first place.