The tax laws are constantly changing and you will probably find both answers on the internet.

You've received some great advice on here so far from the other BP members.I don't think getting licensed is the best route for all of the reasons cited by @Brendan Markle.That being said, keep weighing the pros and cons of investing in Philly and NYC and consult professionals in both markets if you need some help narrowing down your options.If you're looking at NYC, I'm 99% sure house-hacking will be your best bet.

Your best bet is to request to be reimbursed based on the sellers hindrance of inspection within the proper time frame. 

If things go south, you can bet lenders and banks will make it harder to borrow. 

Even if you converse you need to send a letter you can perhaps find a sample here and certainly on the Internet.

BUT this is not usually.This is the time to build your internet presence.

We are operating now betting our GDP that herd immunity will work.  2.

I bet young people like that.Many in the STR arena are temporarily going the LTR route.   

i searched for the formulas in the internet and can't come to a working to the numbers.

Your best bet would be to contact a local attorney who specializes in real estate investing and go over exactly what it is that you want to do.