Despite all his experience, his assistant wired $750,000 to a fraudulent account and the money was lost.

You have to account for that.4) This is all about the rental numbers, and if this is subject to rent control, right now the max you can raise rent is 4%.

If you have everything going through one account it will be very easy to track

How did you account for current condition and tenants as part of that market value?

Study the market.

Net income is calculated after accounting for deductible expenses like mortgage interest, repairs, and depreciation.Depreciation is particularly important because it’s a non-cash expense—it’s a paper expense that reduces your taxable income but doesn’t actually require you to spend cash out of pocket.

Consider saving up $10-$20 per square foot over the next year.Apply the Enemy Method to find and study your comps.

Study the market on your own by looking at similar rentals in your area.

Obviously, your son's preferences play a huge role in what he will enjoy/be drawn to study. 

I am planning to buy a house in Bronx, close to the city, I found a single family house 1 and 1/2 bathroom, 3 bedroom, finished basement, garage, and yard,The house looks in really good condition, I already made an offer for 570.000, in melrose Bronx, I know this is not a safe neighborhood, but I do believe the house will appreciate and also I think I could easily rent it since it’s close to the subway,What do you guys think, will a house in melrose Bronx will appreciate it, taking into account it is close to projects and it’s in melrose?