The numbers work "OK" if i have to spend the extra money, but i need to determine if i NEED to.I think long-term, I'm more concerned with liability than sort term gains/savings. 

The numbers work "OK" if i have to spend the extra money, but i need to determine if i NEED to.I think long-term, I'm more concerned with liability than sort term gains/savings.

What sort of investing are you leaning towards?

Hey Jaycinta,for me as it stands unless something is missing this deal wouldn't pass my tests. a few reasons. i personally am looking for 10% cash on cash minimum. i'm also looking for some sort of value add, either the purchase price could be great, or some units would need work to increase value or rents would have to be low and you could increase them. from what you've presented it doesn't seem to have any of these abilities. a few other things to point out, very rarely would a new to you place really need zero dollars of work. think paint or carpets, or landscaping or anything like that even if a large rehab doesn't need to take place. additionally i think if you shop around you could do better than 5% for your mortgage. 

I believe that was Graham from YouTube’s property.I would personally put an end to any sort of business being run out of my property.

Because its too EXPENSIVE in the NY metropolitan area and the laws are all working against land lords, so I'm foreseeing an "exodus" of sorts from NY to southern states.

The average is $0.85 per square foot per month.Sorted by Zip Code, the average monthly rent per square foot ($/sf/month) is as follows:430040.84430150.71430161.01430170.89430260.88430461.06430620.62430680.81430810.96430851.14431100.95431190.93431230.75431250.83431470.65432011.16432021.04432030.66432040.64432051.16432060.78432070.77432090.92432110.83432121.29432130.78432141.17432151.81432190.84432200.90432211.10432230.66432240.85432270.96432280.87432290.69432300.88432310.75432320.76432350.71432400.95Average0.85The same data sorted by the average monthly rent per square foot ($/sf/month) in each zip code:430620.62432040.64431470.65432030.66432230.66432290.69430150.71432350.71431230.75432310.75432320.76432070.77432060.78432130.78430680.81431250.83432110.83430040.84432190.84432240.85432280.87430260.88432300.88430170.89432200.90432090.92431190.93431100.95432400.95430810.96432270.96430161.01432021.04430461.06432211.10430851.14432011.16432051.16432141.17432121.29432151.81

We are at a crossroad of sorts.

However, I have been well versed enough to battle back with some sort of internal rule I had created in my goals to help mitigate or manage all those issues.

I was a sort of assistant to a listing agent and also a transaction coordinator.