Work with a real estate attorney and CPA to draft an operating agreement outlining ownership, decision-making, and dispute resolution.

Congratulations for making a decision.

Be sure to utilize tools of the trade for the best information.

We built it out of necessity and started same way as everyone, cut our teeth on bad decisions.

The GC can handle the entire project, coordinate different subcontractors and make sure the project is completed per building codes - especially if the rehab is complex or involves multiple trades like plumbing, electrical, and carpentry.

It's a good trade-off for now.On the agent side, the best performing videos for me are two kinds:1. market specific with detailed info only for locals (Top 5 restaurants in this part of town, why you should move to Milwaukee, etc.)2. home inspection rundowns and buyer-side process videos.I use all of my playlists to send to buyers, sellers, and investors in advance so all of their questions are answered without me having to go back over it.

Can stay in the same budget and use the excess to invest or trade up.

That will help you make educated decisions.

As someone new to NYC, I'd appreciate insights on:The current state of the UES market in this price rangeWhether buying makes financial sense for a 3-year timeline versus rentingThe pros and cons of co-ops versus condos in the neighborhoodI'm particularly interested in hearing from those with experience in the area, as I'm looking to make an informed decision.

The decision depends on your access to capital and the level of risk you're comfortable with.If you need support or financing for your future projects, I'm here to help.Best,Drago.