In NYC the demand is lower in the winter but the supply is also lower so apartments rent fairly quickly still (typically within a few weeks).

Are you going to supply the down payment and how much equity are you willing to give them?

We would handle the guest communication, coordinating cleaning, minor repairs, stocking supplies, calendar management, etc.

I have a pro account so I can buy materials at places like Home Depot at the same cost, but not at electrical supply and lumber yards.

Good luck. haha i would run away from anyone self-proclaiming as "financial expert" with the expectation to "meet the guru / mentor/coach / master of all business" in his/her personal residence lol I have not google him yet but I bet he is taking picture in front of luxury house and driving sports car ?

If the new administration focuses on boosting housing supply or implementing tax incentives for real estate, we might see positive opportunities.

@Jeremy HartwigYou are missing a lot of important data, such as median income of the area, rent comps in the area, what current values are.You are buying on actuals, but in many markets that have low supply and have a lot of demand, it makes it difficult buy based on actuals.

He's a really smart guy when it comes to supply, demand, rent control, and overall investing

The other options you are playing with fire as using a HELOC that is paying interest is essentially buying with 100% financing.Having no skin in the game has always been a high risk strategy and people were able to get away with it the past few years due to the money supply and inflation but I would not use that as the measuring stick.

This was so important to our business that we covered the cost of these consumable kitchen supplies for all our owners.