I'm considering purchasing a primary residence, garden level apartment in NYC.  

Free water for the garden, that's a big deal... in Arizona and California anyway.

I am currently preparing an offer on a three family property in Lefferts Gardens that needs a ton of renovations.

Apparently they also install a drip water system so you basically have very little maintenance/gardening expenses on top of the water savings.I guess as a landlord it would be a no brainer to increase cash flow, with zero expenditure.However if you were to sell the property at a later time, do you think it would decrease it's appeal to buyers?

Now Wayne that makes sense they keep their prices high they use a credit below the line to entice people and then they try to make it up on the reserve on the by rate of the mortgage versus the sell rate By the way I'm moving from Palm Beach Gardens to South Carolina

This is an industrial property, it's no place for garden parties, and fudgepacker festivals

The cashflow is too much higher and depending on how you do taxes also consider the California state tax around 8% while Texas has none.You may even consider cashing out of those San Mateo properties and re-investing in a garden apartment in Houston while the marketing is ridiculous in the Bay Area though it might get even more insane in the coming years.

I have done this business in the past and I took some time away to re-locate to the garden spot of the country, Far Northern IL burbs.

Specifically, we are currently looking at the Winter Garden and Clermont areas.- What do some of you strive for as you put deals together?

Just closed on #34 forty five mins ago. it's in (South) Redford, michigan. surrounded by Livonia, Westland, Garden City, Westland.it's a beautiful brick ranch, over 1100 sq ft, with a 2 car and a basement.