If you were my younger sister, I would encourage you to find  a career that actually makes money, or just become a real estate investor and drop out of college.

@Greg Allen congrats on leaving the w2 and for wanting to go with MF.I would definitely encourage you to go into MF (12 units an up) and not into SF.

We did give a time limit to the hold in a text and email so it sounds like we did that part right- I hope- thank you for the encouragement.

You would have to bring significant value to the table to encourage them to deal with a private operator. 

I really appreciate the honesty and you've all encouraged me to get the ball rolling sooner rather than later.

@Steven Taylor Thanks for the encouragement, Steven :)

I look forward to being on the other end of this and encourage new investors.

Talk to real estate people about real estate, get involved with your real estate meetup groups-- they get it, and will encourage you and most importantly be excited for you!!!   

But I think this does little to encourage tenants being treated well and a lot to dampen the investment environment in NY.There are basically two parts to the legislation. 

Check with your lender, but they typically start at 2.5% of your loan amount.As far as appreciations, I wouldn't put all my eggs in this basket but I would encourage you to look at 12 - 36 month appreciation cycles for the area.