You can also command top dollar during events such as IronMan, CanAm hockey, Horseshows and more.

Checking hotpads, the rental market seems pretty good; 2 beds going for 1200-1500 depending on proximity to the train station, so I'd imagine the larger unit with 5 beds can command more.  

Regardless of our commander in chief, pending changes to regulation, etc, my guess is developers in New York City shouldn't worry and if LES is one of the last areas of the borough to not be completely developed it seems like the time to buy, no?  

All ships don't turn at the same time or in the same space.To measure the performance of an administration you need a starting line of where one was when they took command, then measure out to the end of that period of command and follow up in some segments a few years after someone leaves office, such as employment, that can have a very long cycle, especially when it is severe.Rates have been kept down to stimulate economic growth, rates will increase.  

The 3x rule can't be said to apply if BAH is all you are looking at, as they have a second distinct category of income for food, and then a third distinct category of income for everything else.Something else nice about military tenants... they have a chain of command.

Below provided this is your FIRST property and not another as an investor.Here are a few I have seen work:apartment sq footage is actually bigger than your house so find a big 2 to 4 unit with giant apartments with  more bedrooms and baths than your homeneed bigger apartment due to a new baby better school district for the kids versus yours which will be fully investigated by underwritingmoving closer to your job or for  a new job - get a new job :)in law situation where you will have an elderly parent in one apartment so you can  take better care of them and they will  not  pay rentSeparately you will be required to get an Appraisal on the current home to prove how much equity you have in it, 25% per fha rules IF you want  to be allowed to count the future rent that house would bring so Appraiser would also do a Rent Schedule to prove rent it could command.

Most of the rest are either newer, only 3 bedrooms, or have some type of specific architectural appeal that separates them from most and helps command higher rent.  

Second, I choose properties that will command a high enough nightly rate.

It would be a challenge to take much of a pay cut, and with my lack of experience I'm not sure I would be able to command the same level of salary  I do now.

The apartments need minor improvements to command at least $100-$150 raise in rent once the current leases are up.Like I said before I just want it to be fair for everyone.