Make sure to get lease info and walk the units before doing anything crazy.

Of course, the wear and tear was through the roof and the water heater or HVAC never seemed to perform to his liking when it is summer and you have 14 breathing, walking talking 98.6F meat-sicles in the house warming it up.  

I had no idea you could sign a contract and people could just walk away with your money and do whatever they want with it.

I agree stick to more common asset classes like build to rent and horizontal, 3 story walk up apartments, mixed use, commercial planned development, planned developments for residential, hotel / hospitality, single and multi tenant retail, office. 

I came close to purchasing a few myself but decided to walk away last minute to focus on other projects.

It is a huge ticket item and can eat ~30-40% of my reno budget.Today I did a walk through with plumbers and contractors.

Some of the cons of our location is that it is attached/sharing 1 wall to the front house, the patio is 30 ft up an alley where they walk past our front yard to get to their patio, it is lit and our neighbors have their front door on the same access alley so not a threatening looking alley by any means.

If the seller does not accept, then I give them the option to not take my counter offer.If I paid the "non-refundable" deposit and the seller walks, then I am out the money.

I agree with this statement and you're second-next step needs to be getting qualified/finding money and walking properties.

(Need to commute to midtown w/o a car and for it to be safe enough for my girlfriend to be comfortable walking alone in the evening)I’ve thought about D4D/direct marketing but I don’t know how effective it would be in the NYC area?