I dont know what shape the inside of the vacant unit is in, but judging by the outside of the whole building Im guessing it will need some work.My goal is the ol' live in one rent the other, but trying to figure out the play I will need to make.

@Natalie Kolodij is right in saying that a lot of the answers to these questions will be specific to your own tolerance for risk, investment opportunities, and goals for your real estate empire!

Really depends on your current numbers and your goal with this property.Good luck!!! 

I think it comes down to what are your life’s goal?

That was canceled today and I have been told by the listing agent that it will go through normal channels.

@Justin C.Start tracking your net worth on a monthly basis.Start saving now, as much as you can.Get your goals, wants and needs sorted out.Check out Simon Sinek and a book called The One Thing.

I have my business expenses, living expenses,  financial goals for both business and personal, and the value of my skills all accounted for in my rates.

My goal is to invest in 5-8 properties within the next six months.My questions:I would like to invest in 5-8 interesting properties here in New York.

My whole point is that when analyzing a property in the book Brandon speaks of cash on cash return of 10% as a goal.

Without knowing your goals, I assume you're looking to keep costs down for profit margin purposes.