From your responses it is evident to me that you validate it as an important tool so it appears that it is most likely what I should be using. 

The cash flow is also eaten up by cap ex events (which are absorbed far easier in the higher barrier/more expensive locations where cash flow may not appear as strong).

Since you appear to live in Brooklyn I assume you will rely on a 3rd party property manager.

Hello, before I give my story, my wife and I are looking for a 1-2 bedroom apartment we have a monthly budget of 1750, we both have poor credit, my wife Ariana, Graduated from Brown University last year, she will be 48 in May this year and is currently an Operations Manager II at kent hospital through Sodexo, she makes 75k a year, and approximately 4500 after taxes a month, she has no criminal history, as to our poor credit, we had to choose between paying our rent and electricity during covid, or pay our credit cards, we have never missed a rent payment, and have lived in the same residence for the last 4 years with no issues, we are looking for an apartment because our landlord wants to renovate his building. with that said...I am writing to proactively disclose information that may appear on a background check.In 2009, I was involved in an incident that resulted in a felony charge.

There's a pool on how long it will be until Morris Invest appears on the TV show American Greed.

The HOA in which the unit I am purchasing provided their HO-6 policy to our lender and our lender is questioning the following as it appears on the policy:Special FormReplacement Cost (Actual Cash Value on Roofs)The verbiage in parentheses is the one causing the hold and need for clarification.

Most investors buy in this space because it aligns with capabilities and are chasing the paper returns that appear better than more stable neghborhoods but its truthfully very difficult to realize gains in this space, especially passively.  

Plus you get to see a little bit into who they appear to be on their social media, which is also great to take into account. 

But his assumed profit appears to give me confidence that even if he doesnt get everything he wants, he still has room to gain a profit.

I Oregon, if the tenant does not appear, the court will issue a judgment in favor of the landlord for return of the property and court costs.