I also know that the lower prices to be found in NY have a lot to do with there being older buildings, higher property taxes, tougher neighborhoods, less appreciation, etc. which I know I will need to incorporate into deal analysis accordingly and understand the risk of.Summary: I feel that with having to put 20% down (FHA loan house-hacking is pretty much out of the question in NYC due to the astronomical prices here), buying a property in New York may be more attainable with my current savings and would allow me easier access to visit the property, however I don't think I could afford the quality of property I would like (close-ish to turnkey) in Florida.

Insurance here in FL is astronomical with many large carriers pulling out.  

That seems astronomical for me and I would be frustrated if I were in a tenants shoes (considering they are probably dealing with security etc on their new place).

The interests rates may be higher than current residential rates, but they are not astronomically high. 

And you can have a finished basement its just to consider it a legal apartment the requirements are astronomical to make it legal that its super rare to find a house with one.

Also if you go this route, there is nothing that says you have to do a cash out refinance (cash out closing fees are astronomical in my opinion).

Single family is the best strategy in Vegas and even then the returns aren’t astronomical but they’re okay.

Everyone taking a shower and doing their daily consumption, it doesn't seem to be any astronomical amount.I will plan to fix asap.

We do have a lot of "transitioning" neighborhoods around here where people owned houses for years that's in bad shape but the ARV's are astronomical!

The fallout from this crisis could be astronomical in terms of collateral damage to both the housing market and the commercial real estate market.