Multifamily always made sense to me as initially I was very impatient and wanted to see a decent cashflow.

If you find someone that seems to know a lot of people needing your services, wouldn’t it make sense to focus more resources on them?

NYC laws around rentals—especially short- to mid-term—can be tricky, so you’ll want to avoid any compliance headaches.The biggest challenge with this plan is finding a rent-stabilized apartment that makes financial sense and actually gives you breathing room.

It might just make more sense to buy another property and move on.

That’ll help you get a better sense of which neighborhoods align with your investment goals.3. 

If numbers makes sense to you locally, I recommend you doing that.

Lastly, the price point is still very cheap here in the sense that you can still find investment deals that hit the 1% rule for 120-180k!

Long-Term takes the least amount of time, Short-Term the most.Unless you have the time & discipline for this, SELL.4) If you sell, would it make sense for you to re-invest in other rental properties?

So there are definitely times when owner financing makes sense. 

So it probably makes sense to send targeted letters to people who you're most interested in connecting with.Solid advice, thank you.