Pissed bc I’m finishing up three triplexes and just discovered the city is putting up 60 PHA housing units directly behind me with private parking, gym facilities, etc....totally ridiculous that you can have the amenities most other hard working people don’t have in the city while being encouraged not to work

Did you discover the only triplex that has no repairs, tenants stay forever(vacancy) and nothing wears out(capital expenditures).

I am adding basic grade stainless steel fridge, standard washer / dryer, and possibly sand/paint cabinets to update it a little.

Do rentals in your area typically charge pet fees or is it standard to allow pets?

With a mortgage payment you'll be able to itemize your personal deductions instead of taking the standard deduction, because your mortgage interest + DC income tax + property tax + PMI are all tax-deductible and will be greater than the standard deduction for a single person (maybe not in 2021 if you buy now, but definitely in 2022).

Get a home inspection on the property (this is pretty standard).

@Rachel MorrowI'm slowly discovering the same thing after spending some time perusing through the MLS.

@Jason BartonI am a mortgage broker in Texas and have access to several lenders whom do DSCR loans.In a nutshell:Income, Employment, and DTI aren't a factor.It's all about the property, your cash down, and credit worthiness.The DSCR calculation is generally NOI/PITIA = DSCRSome lenders will go as low as .75% DSCR but will want more money down. 1.00% is the standard, some drop rate is over 1.25%.

Property Management is spearheaded by excellent customer service, a standard that anyone you hire should hold themselves to by keeping an open line of communication between investors, residents, and property managers.

I am in NYC, this property is tremendous for NYC standards the problem with it is on the survey and street map, a line runs through it labeled "street widening".