In my particular area this also means that it is typically the spot that comes back the fastest and has the lowest vacancy.

These are hot spots for corporate rentals and STR's.

Situations come up daily when the Project Coordinator and CEO aren't around to make instant on the spot decisions.  

One of the items I want to figure out is how to go completely paperless for writing offers on the spot. 

So, and I'm assuming here, getting some education in those trades will allow me to better analyze a deal and spot issues with a building and possibly the contractors I will be using?

Anything with any remote risk, I'd do, but they may spot/assist m.

I would have some pro's come out and provide his/her own inspection on the ducting and provide an all clear if possible and have them treat the spot.

It's still quite affordable for multifamily investors, the commute is easy, and the area has been appreciating over time, besides being very family-oriented.I'm a data-driven kind of broker, and I find this graphic from Bloomberg to be extremely helpful: https://www.bloomberg.com/graphics/property-prices...Also, make sure to always check NYC's crime map: https://maps.nyc.gov/crime/ You can also see crime rates on Trulia and will soon realize that many listings for sale are on "hot spots" on those maps, so be mindful of that.I would also strongly advise you to find a good broker in order to assist you in the transaction: it may give you a clear advantage over other investors as they will know how to put you in the best position when presenting an offer and may be also aware of off-market deals. 

Jason Bott is spot on.

Just spot checking the search results there are addresses I know are barely standing, partially burned, or boarded up, that they have categorized as "occupied".