This is the whipped cream cherry on top of an already sweet deal. 

That property type seemed to be the sweet spot for my criteria which was getting close to living for free, low money down, being very close to Manhattan, cash-flowing well when you move out and avoiding significant rehab.

As an investor into a business (which buy and holds are) you have to find your sweet spot.   

We are at a .32 FAR, in my proforma the sweet spot is anything north of 30% coverage.

If you do it right, it’s statistically the best market in the country for cash flow.I cash flow $100k a year off 23 doors and have also built a ton of equity in a just a few years.Purchase: $80k-$130kRent: $1100-$1500 (no rent control in MI)1% rule: 1%-1.4% rule dealsROI: 10-14%Cash flow: $200-$300/door (after all expenses and budgeting for maint, capex, vacancy)Appreciation: 3-10%+ (has been double digit for a decade)Location: C+, B- These numbers are based on the “sweet spot” in Metro Detroit.

The more contacts/week the more realistic the pricing is-Use that to find your sweet spot.

The numbers on Bnbcalc didn’t tell me that. 3/3 was the sweet spot for return.

There is a sweet spot in the middle.

I often hear from empty nesters and they are planning on cashing out in the Denver area and are moving to Pueblo West where they can buy new and pocket the extra from their home sale in Denver, plus get a little acreage to boot.The deals are always here it really depends on where your sweet spot is and what your goals are?

Just wondering if there is a sweet spot to rent the NY property to cash flow and pull out just enough to cover a down payment ot enough for the TN purchase.