It sounds like you trust your PM and he is doing what he is getting paid for.

As you might already know, house prices in New York are extremely high, which makes it financially difficult for me to try house hacking here at the moment.

Lock away extra supplies; trust is great, but accidents (or curious kids) happen.

Take the proceeds and invest in a highly trusted Syndication or fund and enjoy the passive income.

I trust him because he's already sold three properties and owner financed them to another guy at my church.

PS is revolutionary because of how it has simplified access to all of the various data points investors need to make a decision and because of this its extremely popular.You do not want to be using a popular lead source to increase deals because everyones chasing the same deals.And nothing will change with there data because there business model forces them to have to buy and license the data they get which means waiting for the county/databroker to send it to them which guarantees anyone using PS data will be behind the counties, only getting a fraction of the leads and getting those late leads the same time as everyone else.How do you get access to the leads first.

They also have to trust you.

But you will need some good capital and reserves unless you have a very trusted boots on the ground partner that can help you out.

But we don't know how it works for the tax implications of that for the hairs...Or would a trust be better? 

.- Many of these HCOL areas also have strict limitations on AirBnB or short-term rentals... that do not apply to owner-occupants - thus allowing for extreme cashflow potential for house-hackers.