No off-street parking = not worth doing MTR unless it meets all of the following: super urban area where no parking is the norm, highly desirable area with a ton of MTR demand, super safe part of the city, and has great public transportation (think NYC, Hoboken NJ, etc.)Unless it meets all of the criteria above, I pass on those opportunities because my MTR will be eliminating the many people that travel with their vehicles.

All that said, you are probably going to get better returns than I get in my safe/conservative areas. 

The home would be about 6 weeks for my team customarily but the outside is large so 2 extra weeks to be safe.

You'll be in the middle of the overall upper east side apartment market. 1 or 2 beds 1 or 2 baths in a nice and safe building.

The quicker you can take action on the high dollar value decsions the quicker you will be able to grow.For sure take the time to setup the right foundation, but keeping it simple and easy when you are getting going is a safe bet!

We have used that technique in the past and have had a lot of luck with it. 

If so, how do you trust you're getting a quality tenant that is safe?

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And some of mine are in the hood where I wouldn’t feel safe walking around at night. lol.

My only real care about cash flow is to have sufficient margin for safe debt coverage.