You're definitely in a unique situation, but there are some SOPs that apply here. #1, know your guest avatar.

Malls are uniquely designed so hard to use the existing structure for something else. 

Exploring AZ, TX, OH, and FL makes a lot of sense—those markets are active, and Florida, in particular, could offer unique opportunities with properties affected by recent hurricanes.

I believe there’s a unique opportunity here to build an endowment for the organization, using real estate as the foundation.

If you cannot make the trip every week, then hire a Project Manager (like a retired GC) to be your voice in this process.

What’s exciting about your journey is that NYC has so many unique opportunities—you’re not just buying a place; you’re investing in a lifestyle.

Examples could include:Partnering with other investors to share risk.Using seller financing or lease options.Leveraging creative rehab techniques to save on costs.Negotiating with contractors in a unique way to reduce expenses.I’d love to hear any stories, tips, or approaches that helped you pull off a deal others might have instantly passed on.

However, before doing anything I take my time to gather information, think outside the box, connect with people who have done the very thing that other people say is impossible, stay patient, see whether there are any unique solutions I can bring, and only then decide what to do.Thanks a lot for your feedback, and I'm looking forward to learning more, especially on the thesis of not using short-term debt for a long-term investment.  

It’s amazing to see how much the market has changed since then..and I remeber reading an article in Forbes that talked about how travelers often prefer unique stays with great locations.A friend of mine up in Lakewood had a client who tried an Airbnb in a condo overlooking Sloan’s Lake.

I don't have to worry about collateral casualties from a round going through a wall, like with a rifle, and the best thing is the unique sound working the pump makes.