Good luck on your journey and I hope you provide the financial security you hope for to your daughters. 

Quote from @Jordan Kaylor: I'm new to real estate investing and have secured a HELOC on my existing home.  

New tenant must go through complete vetting, sign the lease, pay security deposit and rent, and move in, prior to the referring tenant getting their $100.

We buy at a discount and pledge our legal right to collect the debt (a collateral assignment agreement) as the collateral for the private capital loan we take out, which is backed by the value of the real estate securing the 1st loan.  

States that are non-disclosure don't have as much public information and Zillow doesn't have access to non-public info for their analytics. 

You will receive the security deposit in Checking but then transfer it to Savings.Savings: Hold the deposit here so it's separate from operating funds.

Most work with us, some do not.Be careful also as they may tell you to keep their security deposit as last month's rent.

A good securities law attorney will be able to advise you, on your specific situation.

With inventory expanding, it feels like there could be opportunities to secure deals, especially if the right cash flow potential is there. 

With the newly implemented congestion pricing in Manhattan easy access to NYC public transport is golden.