If your budget is so tight that you can't handle a small leak, what will happen when a tenant fails to pay the last month of rent and abandons the property with $6,000 in cleaning and repairs?

I saw last week that you can get trained on the JOB to repair Elevators and start at $150,000 a year.

Your last deal shared was a flip in 2023.

note none of my local STRs have this good a revenue ratio; if they did I would have good cash flow on them which my cash flow on the STRs the last few years has been modest.I am still shocked my underwriting shows the COC to be this bad, but I have decent confidence in the underwriting.  

The average sale price for Condos in the NYC Metro area is $649,000 in the last 6 months. 

I've taken a couple real estate courses but Big Pockets is the best and I have been binge watching for the last 2 weeks and im super excited to start investing im looking to do the Brrrr strategy and looking to pick up small multi family properties and possibly off market flips. 

My last piece of advice....take it or leave it....being a landlord with your friend is a very different experience than just living with them in a rental.

Last time I used them it was quick responses and communication and now I cannot get in touch with them is anyone else having this experience?

By the way my last purchase to rehab was a quad that 2 units are STR.  

In most areas, and ours, it is a common opinion as rents have skyrocketed the last few years so it's an easy talking point.