The best advice I can give you starting out is to stay out of consumer debt and save as much money as you can.

Private money funded the $90k down payment at 8% interest, no payments due on that until the balloon in 48-months.

Best to invest the money you would spend on pursuing these claims on better management/tenant screening or building improvements that may attract better qualified tenants.

They are "okay" for generalized information, but if you are putting money on a property, in my opinion you want better analysis than those provide. 

Hello, thank you for your response. my main goal is financial freedom, I own a corporate training business and have been able to save money, but now I would like it to start working for me through smart investments.

Contacted the Housing Authority to confirm if I were to receive or deny money being that the security deposit was covered.7. agreed upon moving forward, May 14 an emergency happens & couldn't meet for the keyThe housing authority are very hard to contact for answers and the case worker for this case is on vacation this week.

The summer would make the most money and I would have missed this summer’s income since I haven’t purchased the STR yet. 

Will banks accept that money from a HELOC as a down payment?  

I am not sure I fully appreciated the scale of risk as I was not aware there are daily fines associated with class B violations.Following closing, I reached out to an expeditor I was recommended and the guy basically took my initial money and did nothing and then stopped responding to calls/ emails - finding nobody will work in NYC without money up front is hard.

Even if you do, those that lend using a note as collateral will charge you hard money rates.