So expand on your thoughts on where you see the risk or biggest risk given what I have said above..Maybe I am doing my math wrong ?

You should be able to find someone in that area easily that does STR turns.

HI Josh, Condos are nice and easy to manage, however this could limit you from expanding your portfolio in real estate, if you are trying to grow and have multiple rentals in the near future.

@Jacob Joseph recommend spending your money on marketing to your warm network, educating them on what you're looking for and expanding it versus pursuing strangers.

Included in the price of this estimate is expanding a smaller bathroom into the existing footprint of the home, a tile shower with frameless glass shower enclosure, a freestanding soaker tub, a stone countertop, and a separate water closet.Primary additionComing in at one of the most expensive things on this list, a primary addition with midrange items costs homeowners an estimated $156,000 and recoups only 31% at closing time.Bottom line- only do what you need to do to get the best 'bang out of your buck'.

As a broker, you should know you can easily get 7% if your FICO is good on a DSCR loan with a 1 year pre-payment. 

This question can't be answered easily.

@J Shoe I will start by saying consult with a personal attorney and CPA (and have them work together.)Typically people buy in an LLC just to keep their name off the record and for asset protection and operation agreements.As a sole investor a lot of people will buy in their personal name so they can more easily obtain quality financing, and then move the asset into the LLC.A lot of people of California use trusts (DSTs) to hold the asset, so they are not contributing to the problem of over taxation in CA, as CA has a franchise filing fee of $800 every year for each LLC.Just some things to think about, but find the professionals that can tailor a system for you personally.Cheers

if you have the ability to provide these appliances and  can hook them up safely and  easily -   do it and increase the rent a bit  ....if it is  challenging to get these installed / hooked up - forego the  appliances and make  rent lower for the tenants inconvenienece

I imagine its a lot of work and not something you can just do quickly or easily - especially in New York.