As long as you are following the law and the lease, you shouldn't worry about lawsuits.

But house hacking, short/long term rentals, new build/ mixed use developments and  live in flips all have my attention right now. 

Not at all looking to stay strictly in the NYC area; have been looking around at markets in Long Island, Upstate New York, New Jersey, and the surrounding region.

Quote from @Colby Burns: Long time reader and first time poster.

So as long as someone gets realistic with the TRUE cost to  own and maintain and the numbers work it can work but I am a big proponent if your going to have these types of assets they need to be paid for to really enjoy any financial benefit.lastly I can say the same thing about new builds.. over the long haul unless there is REAL appreciation more than just 2 or 3% if you sell within say 10 years your going to be lucky to break even as your going to have to spend 20 to 30k making the houses fresh again to get top dollar a 10 year old rental is not going to bring top dollar and the value at that point will only be what an investors will pay for a given cash flow..

I've been in the BP community for over 10 years, I've been featured on the podcast 6 different times, RTR has over 270 5 star reviews, and yes, I've been a long time sponsor of BP as well. 

We live in San Diego so would be long-distance, TBD if we self-manage or enlist a PM. 

It really doesn't matter as long as the lender is licensed in the state the property is in.

Ultimately, you will need to have the borrowed funds in USD and ideally in your US business entity bank account to sail through underwriting with US lenders on US properties.Caveat: the rates will likely be something like 10-12% so it would not make sense on a long-term holding, more like on a down payment on a purchase and rehab value-add project that you will eventually sell (or cash-out refinance) to pay off the borrowed funds in a few months. 

Down the road, you can also use the 1031 exchange to defer taxes as you go from property to property, as long as they are like for like.I hope that helps get the ideas flowing....