Working through the process to get everything completed for the closing seemed to be going smoothly until things became transparent that he was dropping the ball on several steps.

It won’t run smoothly and there will be problems and delays and phone calls.

I've found everone thinks PM is easy when things are going smoothly- rents are coming in, reasonable maintenence issues, etc.

I've included below what he sent us in explaining his bid .Painting:Sand rough trim to smooth acceptable condition , caulk any areas needing it.

The bottom half was wood panel top was two textures of different wall paper. that's why we decided to tear it down and pay to have it drywalled so it would be all smooth not various textures.

We are going on our 4th year and everything has been smooth.

Check-In and Check-Out: Offer a smooth check-in process.

I would be using $70-80k from a HELOC (if it all approves smoothly in the next couple days) for the downpayment/rehab.

Are there off years, of course, just like any other region NYC is not immune to market conditions - however in the long term, NYC is an appreciation, equity, and tax writeoff gameplay. 

Very quick, smooth and seamless process.