If the rate is reasonable then it may make sense to try to save fast to get to the 3.5% down payment on a double or triple - househacking may allow you to increase your savings rate and pay down that loan even faster.As for estimating costs, closing in NY factor at least 1% of the mortgage amount for tax, plus $1500-2000 for lawyer, title and fees, then the amount required by the bank for escrow will depend on the actual property taxes and insurance.

Hi @Shelby McKeanWelcome back to investing.

What would make them come to a landlord who wants to focus on voucher holders?

In the future if you plan to continue to invest in STRs, would encourage other areas - shoot me a DM and happy to walk you through where I'm seeing the most friendly regulations and best cash flow. 

So for the Comps you make to arrive at your ARV something that jumped out at me was the adjustments.

I would point your accountant to Section 469(g). 

I have just over $200K left of owner-financing, but I'd like to obtain a cash-out mortgage/loan of $500K (ideally) to be able to pay off the previous owner and make some repairs, etc. 

Feel free to reach out if you have any questions!

I need something simple that I could utilize today.Thanks you will not be able to get something today. in order to pull credit typically you must have a background check done on you and the company will also come visit your office and confirm you have specific security policies and procedures in place. 

Quote from @Chris Seveney: Quote from @Hector Espinosa: I don't really have many lesson to share this year but I hope next year I can have more to share.