Sounds like your renting to liberal lunatics.

I bought all USA made stuff used from various places as well as liberating my parents stuff when they bought new.

Although the prices where you are looking to buy is much affordable compare to LIC...Dont get me wrong I do thing theres a good chance it will get build, lucky for tribe they dont have to worry about Liberals like us in NE..

This means you can't reject Section 8, for example.One thing you can guarantee: the larger cities will always have a more liberal worldview and things will always change in the favor of the bad people.

If you sell the property, let’s say you take home 55k after all taxes fees (I’m being very liberal with this number), and commissions.  

My current company is a bit more liberal in that we can hold back up to $15,000.00 for a max. of 30 days.

If you are in a more litigious, liberal state like California then you may want to be more careful.Personally, I think you're better off with a good insurance policy.

Here's a good start: NY Tenant RightsYou should know the law and review it regularly to keep up with changes, particularly in a liberal state like NY that is regularly changing.

I think a lot of people are simply not equipped to think of themselves as anything other than a success in life, and anything that challenges that assumption or the external appearance of it is to be avoided at all cost.In the end, this is what vanity does to people, it turns them into fragile things unable to grapple with the crippling fear of being revealed to the world but also to themselves as less than perfect, as most definitely NOT good enough, as "losers" and "failures" and "second-raters" and all the words the most vain among us use for those they think they're a million times better than.Being able to laugh at yourself and your pretensions is a gift and a great liberation of the spirit.

Granted, there will be exceptions where a person could hit the jackpot with the 2% rule (there was another thread about people and their success with 2%+ properties).. but the majority of 2%+ properties seem to be pains.