Whereas, if appreciation just follows inflation (no real gain) you reach your equity goal within 10 years, at the moment more like 3-5 years.In either case, it takes time. 

I like following stock markets, cryptocurrency markets and love to travel.

yes, on paper it makes sense to run by the room because you can technically maximize your rental income but you have to consider the following things:- who has control of the thermostat?

I've done some negotiation with the seller already and we've agreed on the broad terms of the deal.

The old adage is "marry the property, but date the rate" meaning that if in a few years interest rates are lower you can refinance again into that rate. 5.

I'm going to follow this to see what tips folks provide.MikeHey Mike, I am actively investing there so feel free to reach out with any questions!   

Let's of NYC investors look at other cities in NY, Rochester, Buffalo, etc... they can drive to them to see them, and they know the state well enough to feel comfortable.Most of the rust belt cities in NY offer cash flow as well. 

Renting it out before that could violate the loan agreement unless the lender grants an exception (e.g., job relocation).

That is on one of the largest arterial streets in the city, massive traffic count.

What is the recourse for the tenant who signed the lease under each individuals name?