And has anyone noticed any particular nuggets to look for?

Based on the quality of this particular home, my rent estimate may be low.Note: you have to consider other factors.

They looked very nicely done.On the tour, Chris steered me towards one particular house.

Maybe that's exactly the right move here.. just wishing that I would be able to find deals that are a tad better to make the numbers work (ie. pencil out a small positive cashflow, to allow for the occasional unforseen issue that is bound to come up, particularly as the portfolio gets bigger)If your business cash flows well, it does not matter much. 

Money left over should be placed in reserves until you have an appropriate safety net for your particular portfolio.

I could see fully comping 1-2 nights at low season rates, particularly if one doesn't have a lot of reviews yet, but would you, as an established host with tons of reviews, comp a full week or more of a prime season stay? 

Both are enough for a newbie to get started, but neither is particularly good.

They were never particularly nice, beach cabins on stilts with rattan furniture that usually had water stains from wet suits.  

As someone new to NYC, I'd appreciate insights on:The current state of the UES market in this price rangeWhether buying makes financial sense for a 3-year timeline versus rentingThe pros and cons of co-ops versus condos in the neighborhoodI'm particularly interested in hearing from those with experience in the area, as I'm looking to make an informed decision.

Don't be afraid to negotiate, particularly if you have a lot of rentals.4.