Remember, no system is perfect, so avoid the temptation of constantly chasing after the next shiny object.

This is almost always the objective of plaintiff's counsel because of certainty of compensation.

Not a flood zone specialist but I don't believe it would impact your resale.

@Vito DiIennaWhile I have not had to get a Letter of No Objection myself, if I had to do it, I would go right the the DOB, go into the Office that you can get an official Cert of Occupancy and ask them what is the procedure to get the letter.Normally, you will need to provide evidence.

One other positive side effect of having leverage on the property is that it is less of a target for a potential lawsuit.At the end of the day it really comes down to your objectives and goals as well as your personal preferences and comfort level.

My ultimate objective is to build a scalable real estate portfolio and buy 2-3 rental properties in the next 6-12 months. 

Obviously you hire an eviction specialist, preferably a year ago they would have paid for themselves already.

Eventually, you will see a property pop up that is an outlier in your favor, and you will be the only person who knows that market so well as to be able to strike quickly.The 1% rule had a value at one point, maybe as a screening tool, but it could never compete with the specialist who has done the reps.This is spot on. 

The main objective is regulation and taxation.

@Ryan YuI would hit up @Dave Foster, 1031 specialist.