So now I feel comfortable the property's ARV to be at least 90-91kOn the pay sites call up and ask for a two day trial, most will let you have it.

So my tenant is two months behind on rent, I went through all the processes to lead to the eviction trial which is set for today.

Took research, trial and error and experiences to grow.

Trial and error?

Repeating that with minor variations is simple compared to finding an existing home and renovating that with the same consistency in many markets.Cons to this plan:Contractors and builders are NOT the same. 

But the problem is that she has to make her payments for a 3-month trial period and there is no guarantee that the bank will follow through with the initial terms given in their offer.My friend doesn't want to make even the trial payments as she is close to retirement age and just wants to get rid the place.  

Yeah I guess with contractors it will be trial and error.

@daniel I have not yet had a moment to setup an official website, i have registered all the names on FB/Twitter/IG/Gmail for email accounts in various variations PS-- Deal 5 just landed today, I almost had a heart attack.  

It is almost all going to be off-market properties or you will definitely pay. 5) Comps - Comps can be very tough in NYC. can you compare a brownstone apartment for rent or buy to an apartment in a converted store front, how about in a nice new build glass tower on a P/sq basis. how do you take into account HOA fees and taxes as the variations are extreme. 6) Tenant laws are definitely tough in NYC and because much of the city is renters, rental protection is a big focus and courts are crowded.

I suggest listening to as many BP podcast as possible to get a wide variation of all the investing flavors.