Investors are typically surprised when facing a loss, and the power of the loss far outweighs the power of gains.

The mentality and ability may outweigh an extensive list. 

Ultimately though, the people who choose to be and remain in NYC understand that they are selecting a densely populated and expensive location but for whatever reason see benefits that outweigh this.

I have my personal criticisms of these organizations but the benefits vastly outweigh my issues.I have been a REIN Canada member for almost a decade. 

I know the pros outweigh the cons on this one.

I've always thought that the bank picking up the tab for the owner's title policy would outweigh any additional fees their title companies charge the buyer.

Originally Or better yet do the pros out weigh the cons? 

Unless you want the function of customer service to be a core competency of your business (your biggest value add) then it’s worth it to look into it.When I’ve used a service like Guesty they charged 3% of revenue, which probably comes out to more than other services, but as I grow, the cost of the customer service reps, plus any fringe if you need to hire someone with benefits, will outweigh the good in my opinion.Ultimately it’s a business decision about how you want to manage your business. 

The other assets are there but not sure they out weigh the value of the property. 

Banks will not only work with you on short sales if there is a hardship.Regardless of the "why" behind the request for a short sale, if you can prove to the bank that that benefit of them agreeing to a short sale far outweighs the cost (both opportunity and monetary cost) associated with foreclosing on somebody, then the bank won't always care as to "why" the person is requesting it.For the most part, a hardship is typically required......but not always.