Are passive investors put first in the deal, earning a return before the sponsors?

As background, it's a 1400 sq ft ranch in a very desirable area where homes typically fetch $500/ft+ after rehab or new build.

My philosophy will likely be to target lesser desired areas that are still an easy commute to the Clay area which 481 goes through. 

It is becoming extremely unsightly as they continue to build and will eventually bring tourism/desirability down (in my opinion).  

Doctors and dentists have cash earning 4% in the bank.

Landlords/owners feel their rental apartment will be vacant for longer while others prefer to wait until more inventory arises in the warmer months.Astoria RentalsWhile New York City’s metro area as a whole, especially desirable areas like Astoria, is not considered to be a ‘cashflow’ market, there is upside to purchasing rental properties here.Median rent prices have risen from 2022-2024 as follows:Studio rents up 30%1-bedroom rents up 19%2-bedroom rents up 18.5%3-bedroom rents up 21%* While 4+ bedroom rents have increased as well, the findings are insignificant due to limited data/inventory for this apartment type.

The instructors-coaches are also investors with high earnings and net worth.

If that's not what your desired outcome is, do not get suckered into doing the FHA streamline refi.So at the end of the day, you have options, but if your goal is to buy another property, it's best to walk through all your options with a loan officer who specializes in working with investors and these exact scenarios, and map out a gameplan not only for your current property and next property, but getting to property 3,4,5 etc so that you don't get stuck on your journey.Hope that helps and best of luck!

Tax is 5207Maintenance 637 rent minimum of 2200 to be on the conservative side does this unit make sense to purchase for long term  investment or am I better off putting money in a CD account that’s earning 5% interest

Many investors use a general rule of thumb for midterm rentals that they should earn about 50% more in rents than an equivalent long-term rental (whereas short-term rentals should earn double or 100% more than if the property was utilized as a long-term rental).However, for DSCR lenders, change can be slow and challenging, and many lenders prefer and require more precise qualification measures than rules of thumb.