Additionally, the price point is still cheap enough to find the 1% rule and positive cash flow and there's amazing appreciation potential! 

You can add additional properties to the LLC as well.

Additionally, you can still find deals that will cash flow and hit the 1% rule and amazing appreciation potential. 

Not a big fan of LTR furnished units, the additional wear and tear isnt worth it in my market and of course smoke smell can be hard to get out. 

Additionally, forming a new LLC may require obtaining a new EIN and business bank account.This post does not create a CPA-Client relationship.

Sounds like you put in a ton of work to maximize the value, and that basement addition was a smart move.I noticed you mentioned the NYC luxury tax and some of the rental pricing challenges—have you considered expanding your portfolio in markets where you don’t have to deal with those kinds of headaches?

Reach out using the message system if you have any direct questions or want additional advice.  

There are cheaper one’s in D/F areas but I would be careful as those can create a laundry list of additional issues.

I've seen flippers run into last-minute delays selling when the title company notifies them of the need for additional documentation late in the process.

This sounds risky, are you being compensated by additional rent and have you checked with your insurance to ensure you are covered.