This application covered most things - but I'm wondering if there's anything that was left out of if it's asking for too much information (i.e. credit card information / balances).

It is very difficult to find good agents that truly understand investment property buying.

Solid info. provided by @Michael LeThe biggest impediment for most people is personal balance sheet.

@Kyle Baron  is not difficult to file conciliation court case nor do you need attorney to represent yourself if you own the property as an individual and not in a company.

I can somewhat agree, especially with the fed expecting to raise rates 3 more times this year.Many BP'ers here are in the business of real estate for the cash-flow(which may be difficult in NYC). 

As an overall complaint of NH / Boston (I'm also an agent in Boston) right now, the housing stock is just tired, old, and in need of a lot of updating - which is difficult considering pricing and cost of labor, supplies, etc.

It's not difficult at all to get M2M tenants, assess their vibe over the first 2 -3 months (are they paying on time, are they keeping the property clean, are they good tenants, etc...) and then offer them a lease (or asking them to leave) based on what you see. 

He would then report the information on his tax return.You can each provide the other with guidance and support - but joining together may make things more difficult especially if you are holding title in your own names.An alternative is to be on the title together and do a tenants in common.

Right now it is very difficult to find contractors for renovation jobs as there is a severe labor shortage.

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