When investing in New York, be strict and strategic about your approach.

Strictly from a private money lens: If you're open to a 2nd position private money loan against your STR's, it's possible.

If you're going the umbrella insurance route, perhaps see if it will cover you for several things including just the routine slip and fall (like mold or earthquake).

I'm strictly concerned with ROI and how it looks to potential buyers.

The housing authority can be very strict, and even minor issues can delay the process.

My tenant ultimately rehomed their cats (which had been indoor/outdoor despite my policy that all cats are strictly indoor) because they found them to be too much responsibility for their current situation which made me sad.

However, fees can be high, including asset-based and transaction charges, and strict IRS rules require careful management to avoid penalties.

Focus on the simple basic transactions like a dentist does with routine teeth cleaning.For all agents out there, I'm not saying there isn't a need for high end service because top agents will always be need and wanted by their clients for no other reasons than perhaps the security that comes from the feeling of paying top prices for top service. 

While traditional banks provide lower interest rates, they come with strict approval processes and long wait times.

I didn't hear this from Buyers, but I personally am tired of seeing it.The previous 3 years we strictly did the grey/white, but now thats out least built color scheme.