“Buy with Cash, Refinance to Hold.That is a variation of our basic philosophy.

Property is protected by different types of Lease Restrictions according to zoning requirements - each subdivision is subject to both zoning requirements and developer deed restrictions - both of these can affect how long you can rent / lease a property for .There are some areas that have no restrictions at all and others that only permit owner occupancy and every variation in between really - you would check each property for their specific lease restrictions or get your Realtor to filter for it.

There is some variation among the different States that offer the Series LLC, but you will likely only being paying for a single registered agent and single annual State compliance (if applicable).

Would like to hear from the learned investors on the forum if anyone has experience with this complex or general advice on the pitfalls of co-op and other NY variations (condop) on ownership.

In reviewing what other landlords have gone through dealing with this program it appears there can be a wide variation on how quickly (or slowly) funds are dispersed. 

@Matt WellsLots of back and forth on this thread for a pretty straight forward question.For conventional financing, 6 months to get cash out using the new appraised value is the answer to the question you posed.There are other variations like you can get cash out right away using the purchase price and some DSCR lenders (for non-owner occupied properties) have no seasoning requirements (although most require 6 months). 

I get overwhelmed by the never ending amount of states, cities, counties and neighborhoods, and the different variations of investing such as flipping, renting (short or long term), developing, value add, wholesaling, or buying flat out land.

From the deals I've modeled out expenses in the 50% range (varies by market) is a standard guiding principle, variation (lower) from this typically means expenses are understated.   

It is always a moving target based on so many different variations in what statistics were pulled.

AHS has this language for undetectible pre-existing conditions and generally has good reviews - Most people don't renew after the first year following purchase as it is more economical to save up for future repairs/ replacement to older appliances...You can always drop by and power the laundry appliances on and check out if they work and if there are obvious issues, then you could ask seller to replace them prior to closing or provide a credit in addition to the warranty for new ones. this way you dont have to jump through warranty hoops, which is obviously slower and can be frustrating due to variation in quality of service and repair coverage along with deductible cost...Remember the seller will pay for it, but you get to choose the warranty plan and company is selected.https://www.ahs.com/realestate/home_warranty/home-...