It sounds like NYC’s eviction process is notoriously difficult, and carrying a large mortgage while dealing with non-paying tenants is draining both financially and emotionally.

Also Lets Say i take out the 155.000$ Loan and never pay it would it be like selling my house where the lender keeps my house as collateral for non payment Or do i loose my House and have to pay back the lender155,000$ that i barrowed? 

@Jaycee Greene  they require a non refundable deposit and give 48hrs to see proof of funds 

Correct2. 100 hours could work if it's more than anyone else spent on the property including non-owners3.

What do woman by non investor networking ?

That's a non tear down resale as well.

Hi EdwardThe main benefits of section 8 include guaranteed rent payments from the government, which can provide a steady income stream and reduce the risk of vacancies or non-payment.

The rates vary throughout the State because of the different millage rates and tax districts, but in Richland County for instance, the taxes essentially triple once it goes from legal resident to non legal residence. 

The insurance ended up non-renewing our policy because of the "claim," and most other insurers wouldn't cover our home because of the claim. 

By "Tax Loss" I mean that it is likely that without depreciation your property is cash flow positive.If you Materially Participate in the management of your portfolio of rental properties, that loss will be treated as Non-passive, and will flow through to page one of your Form 1040 tax return.