I.e. if your monthly payment on a $402k PP is 1700, you are saving 314/mo, or $3768/yr.

Does seasoning start when the property is bought? 

    I don't post a ton on here, but wanted to start posting more in an effort to share, network and learn. 

The amount of capital required from your savings to purchase multiple properties depends on the appreciation rates.

Just make sure you are saving towards those slow months during the peak months, buy a deal at the right price (don't overpay just because its a turnkey STR or you think it will make more money than projected), and look into ways to increase bookings during those slow months with some marketing and operation tweaks. 

This would reduce my monthly expense to $3,568, saving $144/month.Questions for the Community:Which of these options do you think makes the most sense for a long-term rental in NYC?

In the beginning I want to manage by myself to save cost.

With your background, I have no doubt you're starting on the right foot.How many properties are you planning to start with?

Start by leveraging your skills to identify undervalued properties, perform cost-efficient renovations, and build sweat equity.

start w local bank or CU ?