Being on Bigger Pockets as well as joining facebook groups will help expose you to a number of off market deals and the wholesalers who can help to supply such deals.

B) Recommend protecting the kitchen and bathroom outlets withGFCI type for safety.6) PLUMBING: A) The water supply pipes are galvanized, copper and plastic.

That being said does anyone have any information, advice, tips, or tricks on wholesaling in NY and the legalities thats are involved with it such as rules, regulations and the wording of contracts etc.?

And the home runs totally made up for it.. for the average investor this would probably be a non starter.. but larger well capitalized companies that do it for a living its just SOP and my company was not the only one doing this.. the laws in Oregon and WA changed in 08 ish and foreclosure rescue lease backs became illegal or highly regulated as to be not worth doing.. 

But - if you wanted to find the best place to invest within a city - don't you think it would be worthwhile to consider the areas where renter demographics exceed supply?

I read about the short term regulation and permit on the island and wanted to see if anyone can tell me or point me to the definition of "short term" and if there are additional restriction on long term rentals for example over 30 days.Thanks,Anna

The law of supply and demand is king and thinking you can just luck out and snag something below market is simply a stupid business plan.

This helps take away some of the potential ammo that regulators may try to use.Just a few thoughts.

Sometimes they have strict regulations which type of property you could buy/refinance with FHA loan and primary residency requirement.

Amazon, Dollar General and ABC Supply Co.