I think a good starting point would be looking at the comps in your area (recently renovated or new construction homes) that sold around your desired sale price and in your desired timeframe and taking inspiration from there design choices. 

Sorry my bad.

The bad news is the LTV is 95% currently, and after a $4 million paydown it's still 88.6%. 

So choice is staying stock market and making 15%-20% or buying property and MAYBE breaking even. 

I really want to start my investment journey but I'm not sure if an out of state property would be a good choice while renting in NYC or if we don't move, to move to a cheap market, live in the property for a bit and then rent it out.

If it's in the restricted zone (within 31 miles of the coast or 62 miles from an international border, you have the choice between using a bank trust and paying the fees mentioned above or using a Mexican corporation and bearing the costs of establishing and maintaining  the corporation.

They did some nice work but were some bad tenants.

I could not give a good or bad report.

I'd rather purchase a vacant rental if I had my choice.

It’s great for tracking payoffs and managing commissions or fees automatically while giving you a clear picture of your cash flow.For mortgage lenders, Lendesk is a solid choice.