Chase marketing and Chase legal don't communicate the way people would expect them to

Gas and electric paid by renters.Ins cost $120 per monthTaxes are closer to $3522 Water and trash are $161 per monthOther permits are $381 a year.I would mow, plow and self manage. 

@Eric Bilderback For the borrower to eligible for cash out refinance  the borrower must have held legal title to the lot for at least six month prior to closing of permanent mortgage before cash out. 

Even with a letter, it still requires 30 day notice. https://www.military.com/benefits/military-legal-m...

Understanding City Building CodesThis kind of tags along with construction but I didn't know ANYTHING about the city permits/inspection process.

I would tread carefully 02,04,06,08,09,19,54 .Though they all have their good places.After I narrowed down block and brick in decent enough zip codes, I would view each address permit history for the latest upgrades or replacementsHope this helps

Failure to pay subjects the tenant to legal recourse just like the rent. 

Dual agency is legal in New York, and it's sweet for the agent (because the agent can double side the commission), but it's really not the best situation for a buyer and a seller.Dual agency requires you to give up some of the fiduciary duties that an agent owes to you - so you're really getting diminished service by using the seller's agent in the same transaction.At a bare minimum, ask the seller's agent if you can use another agent in his brokerage - that way at least you can keep all of the fiduciary duties intact. 

@Jeremy Petersen, most experts feel that legal entitlements to create options for best and highest use do not disqualify you from a 1031. 

If you buy a HUD home, are there any legal stipulations that would prevent you from turning it into a rental, or anything else that would hinder an investor?