I'd  love to hear your feedback and experience if you have any.

What is your real estate experience (generally and specifically)?

However, we will likely need a property manager to assist with some facets of running this rental (since we would not live locally) and would primarily market it through platforms such as Airbnb and VRBO to start, (eventually setting up a direct booking process).Here's our question for those who have experience in STR's or who might be involved in a similar scenario: How challenging is it to meet the material participation hours needed to achieve active status?

It was a great experience as I learned about the benefits of real estate. 

My pleasure!

Rong, how has your experience been?

I would love to hear from others doing flix and flip in NYC on their experience on doing this business.

No one is going to give you money when you have little no experience at all yet.

This has been my experience: "As to the remedy plaintiffs seek, the case law reveals that "the equitable remedy of specific performance is routinely awarded in contract actions involving real property, on the premise that each parcel of real property is unique" (EMF Gen.

After talking with my mentor (He's a realtor with 20+ years experience) he suggested purchasing a rental property first.