So they have been buying the old buildings and updating them to state of the art infrastructure, like smart elevators, gigabyte internet, data centers and co-locations.

So, how does one find an investor without time to do the "elevator talk"?  

I don't think you need to cut them out of your life, but as you progress through your goals you will find like minded people that will elevate you to the next level and that is who you want to surround yourself with.

No elevator but it is only one flight

I worked in corporate sales for 25 years and sold elevators for 17 years for the same company.

There are a lot of factors that go into the cost of flood insurance... even how much the house is elevated off the ground can save hundreds.

2) Should I declare income that I receive from renting a bedroom on my taxes to help elevate my income levels?

I know here in Hoboken, the brownstones and the smaller buildings with only 1 or 2 units are often preferred and more expensive, versus the brand new buildings with 20 units, an elevator and a gym. 

I wish y'all the best and look forward to my real estate journey.Keep Elevating,Woodly

If you talk with insurance companies they may bring your insurance cost down if you do certain things like put in flood vents at lower elevations.