Cash flow from a momentum play deal is different from a value play or repositioning deal. 

I ended up selling the studio equipment because it was more for recording music and had a thousand adjustments with software.I just want the best lapel mic out of the picture for sound quality and then the best lighting for plug and play person talking type recording.

Once I know that I then can play with my list and narrow it down to amore specific criteria.

In NYC there are factors that come into play that do not come into play in most other areas, things that you need to figure out and plan for, but have no spot in any of the "RE Analyzer" programs and excel sheets you will find readily available.

now that's just worse case.. but something you need to know about.Subordination works for those that can step in in the event of default.. for passive investors its what I would consider a fairly risky play..

I know the topic that I'm inquiring about has probably been addressed and/or beaten with a dead horse but I'm really not trying to allow my fear of the unknown to stop me from jumping in and taking action like I did 10 years ago when the passion for real estate investing took hold of my soul but I feel that there are a few things I need to set up before starting my direct mail campaign. i.e. having certain team members in place such as a closing attorney and an investor-friendly agent for valuation of deals.

I have a seller that has a deed in her mom and dad's name, which have been dead for a very very long time.

I don't play the appreciation game. 

I'm looking for an investment with some play money…with hopes it might turn into something seriousCarlos

So I'd like to play devils advocate against myself here and see if you could help me see the light or where my logic is flawed.