Ultimate goal is to have my own Luxury Apartment building here in NYC.

The funny thing I learned about the average labor person in Mass, you know, the husky dudes wearing flannel, is that they would prefer to sit in their basement smoking pot all day or hanging out at their basement bar with their buddies bitching about having no work and playing video games or still thinking the crappy band they are in is cool because they get to play the local PNA or Elk's lodge once every few months.

A) It does not cost much.B) You do not have the luxury of driving by on the weekend to check up on the property, so you may be the last one to find out that the Property Manager is not following through with running a responsible business. 

If one of those luxury complexes is only at half capacity and they plan on building two more, I'm thinking they'll be cheap to pick up in a couple years.

Clearly their focus is on performance and the experience of the driver, not luxury of the back seat or fuel economy.

Either way won't be pretty mainly now that the Black Sands Lodge (camp) , Super 8 and the Nova Hotel are burnt to the ground.

Here are the details I have:6BR/6BA Mansion with outdoor firepit, massive EIK, every amenity imagineable.The home is currently under contract with a luxury auction company.The auction rep told me there were no other bidders lined up.

If you do a cash out refinance, you have the luxury of the fixed rate, but then you need to do something with the cash because you are locked into those payments.

If you have a luxury condo in downtown you should expect significant pressure on rents.

Nathan - Unfortunately, due to my career, I don't really have the luxury of sticking to where I live with regards to real estate investing.