Bought it renovated, but in 5yrs not so new anymore as tenants lived it down.

You can still get an FHA loan on those if you live in one unit as your primary.

We live in NYC and we are looking to invest in STRs to offset some of our W2 income.

Bruce,No need to guess.You can check them out for free.They have plenty of free “open house” meetings with both people working with them and people  checking then out who aren’t working with them, all in the same meeting and there is live Q&A with the owners.It’s easy to lump all coaches and programs into one group .

We've done a thorough proforma which I've vetted and feel comfortable with.  

I have a 6 unit building that I would like to rent to a company in the care industry (Group homes, RTC, Senior living ect.)

Look for the signs of an area where you could live and be happy.

In New York City, it’s the law to have window guards for an apartment if a child below the age of 10 is living there.Is taking out the window guard and screwing in the air conditioner in replacement of the window guards an option?

I'm selling my house and want to understand the tax implications on the sale, because I have lived in it as well as rented out a portion of it.

Since I live out of state and there are no nearby managing companies, I decided to sell the home.