He or she has implemented systems and hired employees to efficiently manage the day to day demands of the business.

Should I consider repairing the well and going that route or stick to city water and implement a better submetering program to recapture more than 30% of the cost of water?

Heck I know some people that dont even pay half until all work is completed but I've found that difficult to implement.

Through all of this education I have become passionate about implementing real estate tactics to begin my journey to financial independence. 

Your desire to help your clients is what all agents should be trying to implement in our mindsets.

Hi @Parney Willson, my short answer is that there is easier and less risky money to be made in real estate than buying a condo with a rent stabilized tenant, in NYC.1) Condo - lots of additional due diligence needed on the condo association and risk to you if others do not keep up with their dues2) Rent Stabilized tenant - NYC recently implemented a new set of regulations called the Statewide Security and Tenant Protection Act 2019.

He confirms for me that the things I'm doing and the strategies I'm implementing are good ones, and gave me some really great advice o how to be more successful.

@JT GoodwinThis will be a big help learning how a particular city is implementing the new laws. thank you for sharing!

It's often that business owners don't know how to easily implement solutions to their roadblocks so this is not super easy. 

I aint going into it - it requires a much longer novel to explain the diabolical environment that has been designed and implemented and all the people who are complicit without their own knowledge.