This is where you have to understand the purpose of cash flow momentum and what it means to stack cash flow.

I'm trying to avoid having to use a PM for cashflow purposes yet the only LAIC I can find will only do it if the property has a PM. 

I am looking at a 5 unit building that I want to do a condo conversion on. 4 units would be vacant 1 has a rent controlled tenant in there who does not want to move. I would owner occupy it so I don't know if I have a...

How many properties have you seen in person during these years you've been looking, but not buying? 

But I noted that places like North Tonawanda as @Pravit Jarriyapurttipong mentioned are actually outside of Erie County, it's in Niagara County, which follows the stricter landlord laws as New York State... https://ag.ny.gov/sites/default/files/changes-in-nys-rent-la...Would you recommend sticking to Erie County boundaries for this purpose?

BUT, then you want those landlords to judge every single tenant individually and not lump them all together with the ones that lie, cheat, steal, and destroy the property on purpose?

@William J Anderson with anything, you'll probably want a summary/overview report and then another for a deep dive as needed.You'll want the summary report to be your go-to, preferrably showing month-by-month for comparison purposes. 

When that’s not enough they go after personal assets, if your rental is in your personal name it’s targeted.

Professional guidance can be obtained from local personal experts experienced in your particular niche.  

No, you cannot "write off a new truck every 3 years" as those YouTube professors suggest.Prepay or delay personal itemized deductions.