As for rents - the 1% rule of course is ideal but most investment properties are evaluated initially on cap rate.

It was not ideal for long term rental so trying the short term rental approach.How did you find this deal and how did you negotiate it?

If you truly had a "good" deal someone would buy it if you did the work to get the property out.There are a few ways to wholesale but only one way a great wholesaler builds a great reputation and that is the grass-roots route path of finding a serious buyer and doing everything you can to understand them, their process, their ideal investment type, their ideal investment market, and then finding a property based on your buyers criteria.

Pretty much an ideal tenant but now would like to include a 60 lb shepherd to a small 1 bedroom apartment in NY.

Ideally closer to the University.

Not ideal for the BRRRR strategy if I cannot be refinanced.  

Wife has a 700 credit score and I have a 650 credit score with no debts besides an auto loan that is being paid off with Turo. 

Does anybody have an ideal on whether or not new Orleans la is a great market for multi-family units.

It would be ideal if I could avoid capital gains altogether.  

Apartment companies sometimes use auto-posters to post out prices and length of lease terms.