@Richard Richard  @Elizabeth Colegrove The wrinkle in this is the shift from FHA to private finance - the contract states a mortgage commitment date and the sellers ability to back out if I do not meet this until it is met.

I'm investing in Brooklyn, Queens & Upper Manhattan.

Hello, It's a long hard search to find a landlord attorney in NYC ( Brooklyn, NYC or Queens) for an eviction who communicates regularly with client on updates of case, appears knowledgeable about facts of the eviction case, and emits a feeling that they are competent.

For example I live in Queens and the prices are not anywhere near 200k for a house but you can get a condo/coop for that ammount.

My partner and I started focusing on small multi's in Elizabeth NJ, buying bank owned as well as distressed properties, first through wholesalers and now through our own marketing.  

Elizabeth Colegrove -  Whiteboards are magical.  

@Elizabeth Wilson That is great advise!

We moved 4 1890 Queen Anne Victorians to the spot for a retail and office location and had a buyer as we were moving the 3rd one.

In our older Queen Anne, Second Empire and Victorian vintage properties trim is frequently finished with shellac (or since coated w/ urethane), but where it is painted, the period calls for high-gloss.

Elizabeth Colegrove has posted a lot of good info about VA Loans.