That's also not a deterrent to REI...and it never was, and never will be.The real key comes down to analyzing markets, and not just individual properties. 

If the prop 13 benefit vanished tomorrow, I would analyze whether I should sell.  

Focus on one or two target markets, get familiar with the numbers, and use tools like BP calculators to analyze potential properties.Whether you start now or after graduation depends on your bandwidth, just have the right systems and support in place first.

-Recurring and Seasonal Maintenance Tracker -Finding a Market-Analyzing a Market-Property Closing Checklist-Underwriting and Analysis Worksheet-Due Diligence Checklist -Buy Box Checklist There is no reason to recreate the wheel.

A strong agent who invests can help analyze deals, run comps, get rents, help you explore multiple investing strategies, strategize offers and negotiate best prices/concessions/ repairs. 

I'm not analyzing the payoff scenario the way it's described in the video, but the way it was described by David.  

For some reason, I feel that it is harder to analyze NYC, and it's real estate market, than the rest of the country.

I would probably start by analyzing the current returns you are getting on the 13 properties.

Of course, if the ultimate plan is to run it as an STR, then it has to be analyzed through that lens. 

Sometimes doing the right thing is more important than a few dollars.I've analyzed the properties on Gold several times as they've been on the market for a while.