BFS FINANCIAL SOLUTIONS is posing as a lender, or they legit.??

Besides the financial liability, I would not want the mental trauma and anxiety of knowing a kid had died in my pool. 

NYC laws around rentals—especially short- to mid-term—can be tricky, so you’ll want to avoid any compliance headaches.The biggest challenge with this plan is finding a rent-stabilized apartment that makes financial sense and actually gives you breathing room.

I can't give a tutorial re how to originate a note today, selling a house with financing in just one post. 

But many people need to consider if they are financially ready for it or not.

Not considering it will take years of perfect rental with no vacancy or capex just to “break even” with where they are today. 

That may not apply to you, as a financial professional, but I thought I would share the story.Obiously you could re-lever your portfolio to bring the ROE back up, but then you have to place those borrowed funds somewhere that nets a high enough return that the portfolio is ahead, given the drag of the interest and any transaction fees.    

I bought a brand new in the box $285 microwave off Facebook marketplace today for $35.  

@David LewisRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

If you need financial help, ask under the "Finance, Tax, and Legal" forum.