There is nothing worse than having a tenant living with a half functioning bathroom or even worse without a bathroom. 

I am in the position to purchase something to function both as a part time vacation rental and part time living there.

Not a database though, so only way I know of to scan the properties is visually by location (it is a map function, after all).

.)- This is from the perspective of only ever having functioned in a hot local market that is ALSO comprised mostly of 50+ year old housing stock.

To me commercial MF functions more like a business than an investment - You have more control and the better you run the property, the more it is worth - just like in business!

It takes 5 minutes to run the over 50 reports - client helped us develop this appLet me know if you are looking for specific software that integrates with QuickBooks.It is just a matter of learning the functionality and accepting it.

., or just a function of that time of year being historically slow.I would love nothing better for my investor clients than to have prices normalize and/or lower, but I still think it's too early to tell.

Appreciation is dependent upon ongoing demand, which is a function of population growth and sustained job quantity and quality.• Located in an area with investor friendly taxes and legislation - Taxes include both state income tax and property tax.

Functional vs. non-functional housing.

@Gary Kuang - You should be able to use the search function in the profile area to locate investors in the NYC area who are doing flips.