There are cheaper one’s in D/F areas but I would be careful as those can create a laundry list of additional issues.

Additionally-Sleep a few nights in it.

I'd love to believe that we have an alternative to the paper we pass around, but we don't yet.In addition, did you know that your bank account can disappear or your electronic refund from the IRS can be hacked, and there is NO recourse?

Note, even though you may have a per-transaction fee or unlimited transactions, it looks like pretty much each transaction will still have some additional associated fees for things such as AHC/wire or expediting docs, but they seem reasonable.When I was setting mine up, I was told that the flat fee isn't charged until your first transaction. 

It added far less value than the cost of the addition.  

Two days ago it was an investor who created an additional LLC independent of the deed holder entity believing tenants could only sue the LLC where a contractual relationship existed. 

It's a whole other thread to get into but do some research on the issues with commercial real estate, Ben Mallah is a recent high-profile additional person to come out publicly on this and who is putting his $ where his mouth is. 

You should also make sure that you do additional research on STR comps so that you have an understanding of their values as well.

Additionally, I am financially prepared to sustain hard money loan payments for up to two years, which is realistic for resolving occupancy issues in NYC.

Flexibility in Financing: Cross collateral loans can provide flexibility in funding different projects or investments without needing to secure additional loans.Cons:1.