Put new hardware.

Most people put that on top of their mantle and it's a disaster.

Worse case you can furnish it and put the property on Airbnb or peer space as a venue space or STR in between long term tenants.Using an agent or property management company to at least get it rented could really set you up properly.

Have > 2M equity in existing properties I could maybe tap and enough liquid net worth to make a down payment.Expecting to put 20% down.

@Aspen JayIt doesn't seem like the numbers make sense unless you can put more money down to lower the monthly payment which I'm assuming that is the largest part of your expenses. 

Put the work into the home to bring forced appreciation.

I would be wary of "just put your logo on it". 

Even if you are filing an extension I have tried to put some things together here that will help you DECREASE your personal tax liability and INCREASE your income for qualifying for a Fannie Mae and Freddie Mac type of loan.This post is designed to help persons who may need a Fannie/Freddie loan on a 1-4 unit property.

There’s a good chance you’re just putting good money after bad though. 

That said, Detroit was on my mind as an alternative market for many of the same reasons, but puts it in MI rather than NY, which I thought may be more advantageous🤷🏼‍♂️ Thoughts?