Know the rules, know the tenants, know how to get paid and know the repercussions.

You're in the right place to learn about real estate investing.

Ensure the state provides a clear title upon sale.

When his followers came on here about a year ago and spammed these forums with cult-like nonsense posts, I tried to watch a few videos of his and realized right away that a lot of what he was saying is very questionable.

Also, with a VA assumable, if the one assuming the loan is not a veteran, then the seller (veteran) entitlement will still be tied up in that property.

You need a copy of the contract with the management company to determine how to terminate it. 

The road is too steep and isn't paved all the way.  

Hey @Joel Oh, so let's clarify the NYC rules around STRs.STRs are legal in NYC as long as these directions are followed."

All the best

A lot of lenders used to apply 35% for expenses, but in the last several years, the numbers for supplies, labor, utilities, taxes, etc… have increased significantly.Also take into account the age, occupancy and how has the property been maintained, this will affect the expenses too