You’ll basically be set.

After all that is the basic reason for me creating this post; to hear from professionals that could help me understand and survey my options.

I have experience building sites, Wordpress, the basics.

But the basic idea is, what are you paying for electricity for both units?

You are basically estimating future cash flow at higher financing terms.

Basically pick cities that are seeing population growth and job growth.

I've been doing my research on REI for many months now and finally feel I have reached the point where I can ask thoughtful questions and maybe answer basic questions on BP.

In NYC, I found out that there are four exemption categories as follows: School Tax Relief (STAR) Basic STAR, Enhanced STAR, Senior Citizen Homeowners Exemptions (SCHE), and Disabled Homeowners Exemptions (DHE). 

I've already been working on my connections in that area such as long term rentals, vacation properties, banks and lenders, realtors, basically anything I can think of.

We figured we would find a basic fixer upper.