Will explain later.Mistake #2, I thought I could pay my contractor after each phase of work.

Thank you all for your thoughtful responses.

Hoping to get some thoughts on whether my projections are severely off, whether house hacking in NYC would be a good idea at all, or if house hacking in NYC due to the landlord laws would make my investment more of a hassle. 

I found a lovely 3 bedroom 2 bath in a good location and a good condition for 600k, I see a vision just like my other property and I can see it cash flowing as well after a few renovations.The one thought that holding me back?

Since people ask about this all the time, I thought I'd post my version and would love to hear feedback from new and established hosts.1.

If you're interested in helping shape this tool, we'd be eager to hear your thoughts and suggestions.

Have you thought about out of state investing?

Thoughts?  

I have many questions about how to complete the form and I am willing to pay for a tax preparer to complete, if I can find one!

The simplicity in your method underscores a vital point: the essence of real estate isn't in perpetual preparation but in taking decisive, informed actions.Your observations hit home—there's a sea of self-proclaimed experts, and the paralysis by analysis is real.