Do you have any ideal if the owner has the property free and clear and would be interested in seller financing?

Hiring a management company might alleviate some of the day to day maintenance and stress.If the inventory and price range in Brooklyn does not fit your criteria then purchase a multifamily in NJ and house hack until you can refi and pull out cash to buy your ideal Brooklyn property or sell the place to purchase your Brooklyn Income Property.Have you looked at any of the Brooklyn homes up for auction?  

Usually someone has sold them on the ideal and thrown them to the wolves with no real direction. 

So I've been looking at different options to get into the rental real estate arena and for someone who works at a senior management level with a full time job it seems that Turnkey properties would be ideal to at least start out with and start attaining cashflow but I've read good things about TK's and not so good things.

It takes a firm belief that by providing better communication and raising the bar for what investors expect,  you will attract your ideal clients.  

Piedmont on the east side is zoned R5) my guess is that, without razing the site and maximizing the lot for construction of attached rowhouses, it may not be ideal as owner-occupied spec housing. 

Ideally you should have someone else service them.

I deal with more permits and inspections in a month than most people will deal with in a lifetime.

This is not the ideal way to cover yourself as it exposes your primary home to a lawsuit but...better than nothing2.

For example as a financial broker I have come across insurance companies that have clauses that if you have a stroke or are terminally ill or receive a critical injury you can receive up to 70% of your coverage.