My father is a sponsor of one of the commissioners so the whole appointment process may be simpler for me than for most.

They said if it was it would be escalated and handled differently, since it wasn't I had to wait like 2 weeks for an appointment.

I would make an appointment with a surgeon to get the bullet out of your foot.If in order to make the house "cash flow" positive, you have to load it up with your cash first, you have an illusion of positive cash flow. 

Honestly if you can afford it i would invest in electric, Ive been a realtor for about 3 years now and my biggest expense at first was gas to travel all over my area, quickly i started thinking of better ways about it and i bought a used Chevy Volt for 14k which is electric with gas extender if needed. it had 38k when i bought it almost 3 years ago, now it has 141k, so in 3 years i put over 100k miles on it and about 90% of that was all electric, because i took extra steps and invested in a faster charger so i could have it fully charged between appointments, and i purchased 2 solar panels and a grid tied inverter that offset my electric bill back down below what it was prior to using electric to charge the car.

Have an appointment to buy a property just like the other one.

I want the stuff in the rental to be solid, but obviously not appointed with the most luxurious furnishings.  

So, I would make an appointment with the city and sit down with a planner and see, if you can see eye to eye and take it from there. 

Interesting take @Cara Lonsdale the first year in KW the split is 70/30 I don't know the cap in NYC.but you are right the medium price for an studio in the city is $500,000I should probably set an appointment with an agent to get all the facts, specially the profit share system that I don't have that clear yet.specially in NYC where are many foreigner investors I think is good to have a place where to seat face to face.

It is politically independent of the federal government except in that its leadership is appointed by the president.And in 2020 and 2021 the Fed was still working to satisfy its unemployment mandate. 

In my opinion, having only a little time after work in the evenings, I feel my time is much better spent going on appointments and learning/preparing the proper paperwork and researching properties.