I do not feel comfortable going back over there after how they acted during the inspection.Do you think they will have legal grounds to move forward with suing or rent escrow actions given the following circumstances 1) "as-is" language in the lease (pasted below); 2) nothing about smell is included on the pre-move-in inspection; and 3) the city inspector was already out and stated there was no violation?

LTR is difficult to cash flow anywhere but I can get pretty close here with the right circumstances.

The duplex across the street came on the market and due to some extenuating circumstances I was able to buy it for well under market value after 3 contracts had fallen through on it.

Your personal assets are protected with a viel, which can be pierced under certain circumstances.

Overall, I would want at least a 650 credit score but there will be circumstances where I could accept less (not many though!)

DaveIt's important to understand that not everybody wants your help or being reminded of their circumstances.

I think it's also worth mentioning that having a Plan B replacement property is also critical in mitigating the timeline risk.Even if the preferred replacement property is already under contract well before the 45-day window.There are many unforeseen circumstances that could result in a deal falling apart before closing, even if things appear to be smooth sailing from the start.

I'd definitely talk to your CPA to run scenarios, but I believe there are some exceptions to the 2 years if your move is due to an employment change or other extenuating circumstance that causes you to need to move more than 50 miles from your current place of residence.I feel like tax code is always slightly changing, so I've found running different scenarios with a CPA is the easiest way to get a straight answer.

In these circumstances and may bridge lender and CRE debt rating agencies, already know from the beginning that the property has bigger chance of going to fail.

More information on your specific circumstance will help those knowledgable give you the best advice.I'm not an expert in the legal nuances of rent stabilization however as an NYC appraiser I have to tell you that rent stabilized tenants are a huge hindrance on the value of the property.