She is highly noise sensitive and constantly complained that I wasn't holding her neighbors to the "quiet use" portion of the lease.

Buying my first rental house and going through the entire process of renting it out was the single most impactful step to propel forward into this journey.

At first STR’s were highly profitable in Gainesville until the number of available Airbnbs went up which in the non peak months drove down prices.

Hello All,I just thought I would introduce myself, my name is Cyndi and I hope to learn a thing or 2, about real estate investing in a very high cost area. 

It gets you out of competing with hotels and allows you to charge high prices in peak season.

I would, personally, let him exhaust all his funds on the purchase and then you come up with a loan that finishes off the acquisition financing and then holds the rehab funds in escrow in an account you and your brother sign off on for withdraws.I do not think I'd put a lean on the property. 

It does also cap rent increases to no more than 8.5% which while annoying (probably most especially in NY, where price of living is high), does at the same time help the tenants out as well as helps stop tenants from leaving for no reason other than huge rent increases. 

I suspect that until I get both investment properties fully leased that my debt to income ratio will be too high. 

Your credit and the income that the property produces will be a big component in how high of a loan to value you can finance. 

Furnished for around $15,000 and pulls in an average of $1,000 profit a month with super high earnings coming in February-April.