Then within 5-10 minutes on any property you can quickly update a screening table with your PF rent plans, tweak any assumptions, and see if you are anywhere in the ballpark vs. guidance.

I'm hoping based on the opinion of an associate (former CFO of The Health Care REIT and current financial manager for a family office in Manhattan), that Biden's elimination of step up in basis and 1031 won't fly as the entire global Re business pretty much "survives" based on these two allowances.

There are areas along the hudson that are minutes away from midtown and downtown Manhattan.

Factors against renting -a) My wife is really into the idea of having a "home" as opposed to a rentalb) Rent for a 3 bed in brooklyn/manhattan will probably be around $5.5-$6k which is slightly less than the monthly interest and maintenance payments if we owe.You are correct in that I'll have way more liquidity if I don't buy - and use the downpayment and the excess cash that would usually go towards principal towards buying elsewhere and just renting here - seems like a better IRR/financial play but tough to balance out against a) and b) below

during the "boom" times but COVID has loosened everything up and now 5% can be had in Manhattan, 6%-7% in Brooklyn and even 8% in the Bronx.

during the "boom" times but COVID has loosened everything up and now 5% can be had in Manhattan, 6%-7% in Brooklyn and even 8% in the Bronx.

during the "boom" times but COVID has loosened everything up and now 5% can be had in Manhattan, 6%-7% in Brooklyn and even 8% in the Bronx.

In Manhattan you build UP because the cost to do so is cheaper than buying more land to build out.

I'm based in Queens, NY and am looking to house hack my first rental property somewhere in Queens, Brooklyn, Manhattan, or even Jersey City as long as the commute into Manhattan is not too hefty. 

during the "boom" times but COVID has loosened everything up and now 5% can be had in Manhattan, 6%-7% in Brooklyn and even 8% in the Bronx.