The type of due diligence all investors would like to do if they had the knowledge, the time and other resources.

Compare the comps from both appraisals to see if the second appraiser used outdated or less relevant data.

I plan to kindly follow up with collecting.Trust but verify - I looked it up & there was a news story about itAnyone know of any resources out the there to help him in the short term with rent? 

Here is a video that runs down the basics - https://s-media.nyc.gov/agencies/specialenforcement/01-Legal...There is also a prohibited building list - https://www.nyc.gov/site/specialenforcement/registration-law...Here are some more info overall - https://www.nyc.gov/site/specialenforcement/registration-law..All of this makes STRs in the city pretty tough but it certainly not impossible.

I had not heard of the corporate housing by owner site.

As per their terms of use, "The Site is provided solely for your personal noncommercial use."

Whether you're setting up your first property or looking to optimize your current listing, this resource is designed to save you time and help you avoid common pitfalls.If you're a new host or just curious about how to set up a profitable Airbnb listing, drop your questions here!

.- If you hold a rental until death, you can pass it on with a stepped-up cost basis, limiting captial gains if then sold (limited by inheritance tax limitations).Too many newbies on this site trying to replace their day job income via "passive" real estate investing w/o digging deep enough to understand how it really works.

Send me a DM, I'll send you some free resources.

Always happy to connect, share resources, or do what I can to help.