In a gig economy, many of the students outside the STEM and a few other fields are having trouble paying for their $80,000+ student loans which is dropping credit scores, creating difficulties in rental applications being approved, and delaying house-hold formation which in turn causes consumer spending and consumer confidence to drop heavily.

We haven't replaced the roof or the boiler, because they work fine, since we purchased in 2013 but they are on the older side.1) Sell As is and Move2) Develop it as there is 2000sq ft of FAR that we could build and the neighboring property which was the same foot print has already maxed out their FAR and condominiumized and sold 4 condos for about 4m.Not attracted to the condo option but it could be the only way developing the property makes sense.3) Move, Rent out both units and Hold. 4) Move, Rent it out and downsize in another area potentially upstate or a "better" neighborhood in NYCI know this is a very wide open question and alot depends on what we "want" to do.

I found a condominium unit I am interested in buying to rent out.

Some of the metrics that the survey provides and that I find valuable to understand are:- Population- Home Values- Household Incomes- Rental Vacancy Rate- Homeowner Vacancy Rate- Poverty Rate- Educational Attainment Rate (High School/GED & Bachelors)- Number of Housing Unit- Rent to Income Ratio- Rent to Price Ratio- Population on SNAPS (supplemental nutrition assistance program) percentage- Property Tax Rate- Median Age of Buildings- Number of Structures by Units (SFR, Duplex, Triplex, Quadplex, etc...)- Median Rents by Number of Bedrooms- Unemployment Rate- Employment Sectors PercentagesAlso take into consideration the direction in which each of these market indicators are trending.

Next time, try to pay close attention to ownership rates, household incomes, and unemployment alongside crime rates in the area. 

There are plenty of neighborhoods touted as ‘improving’ with 60%+ single mom households and 90%+ poverty rate.

FOr example, my tenants household income is minimum $55k/year. 

Cell phones, travel, internet, vehicles, household misc.

Around 60% of households have a pet, so odds are you're going to get applicants that have pets.

The index score is based on leasing activity, household occupancy, and anticipated demand.