Unfortunately for him, his Manhattan rent went up more than $2k more per month... making his net a NEGATIVE $1k cash flow even though he is positive cash flowing in CT.Contrasting my 2004 property, I received about $2 million in appreciation and cash flow over $5k per month more than the zero cash flow I started out with.These are real scenarios that has happened.

The only time you can sell a house and not have the government take a share is with the sale pf a primary residence I sell the house then leaveage the money to get  investment properties Id purchase a new primary residence with a 50 % down and have a line of credit not a mortgage so as not to tie up all my funds..........but that is just my opinion

Manhattan, not many ground leases in rest of America.

Now fast forward to 2014-2015, > 10 years has passed and not a single major attack has occurred in Manhattan, so they decided to close these offices for the most part and moving most back to Manhattan.  5 years later Covid-19 happens, and now protest & riots where you can't safely go into an big office building anymore in NYC. 

This is similar to what you're looking at underneath:https://manhattan-nest.com/2014/01/06/the-great-box-gutter-repair-update/

There is also another awesome meetup that happens at the Manhattan Project in Louisville thats run by Raphael and Luke.

A flood of inquiries came in from Manhattan's commercial district, and he rented to a wholesale travel agent.

Maybe even look at how life came back after massive natural calamities like the Japanese Tsunami or Hurricane Katrina or how lower Manhattan rolled after 9-11 even better how life worked post SARS although we in the US remained largely unimpacted.

I'm not talking about Class AAA like Manhattan penthouses for the uber wealthy: I'm taking 4-5 bed, suburban, 4000 square foot rentals. 

Hey @Zeke, Im currently in Queens County 20 Minutes from Manhattan, Im not that well experienced to say that but i see the prices are quite expensive here MFH here costs above 700k