But, it's a good neutral color.  

Speculating would be a cash neutral deal in HOPES you earn appreciation.

With not factoring the cost they are now cash flow negative or neutral.

its the infil in those markets that the bigger hits come from.. so when buying suburban rentals that compare to new builds price stay neutral or rise very slowly.

If you do want brick for some reason, i would go with one that is more neutral and modern. 

Neither of which have anything to do with the asset in question.I though would much rather buy a nice asset that is cash flow neutral on purchase, and have an asset that is going to grow in value over time, and have rent that will grow over time, and which will have high quality tenants and little to no problems....than have a high cap rate problem which never goes up in value, has stagnant rents, a problem tenant base and continuous problems.  

As far as rental properties are concerned, a pass-through business entity is generally tax neutral.  

Personally, it would not be a deal breaker for me if had/hadn't a wood burning fireplace - I'm quite neutral on this topic. 

@Will JayneWhile trying to be neutral, the LLC is somewhat oversold...That being said, be careful about having the mortgage in your name and the Title int he LLC. 

I think its doable in the boroughs albeit you may not 100% cash flow neutral.