I showed up to check progress and there was paint all over the trim, like half the trim covered.

However, you should really check what is your actual tax liability. 

Ok - thank you so much for confirming the gut check, colleagues!  

Have a prototype and want to check if it is helpful or not.

I also live here so I can do a renovation, check on the property multiple times a week, screen and meet the tenants in person.

I always recommend checking out Furnished Finder Traveler Search ( https://www.furnishedfinder.com/housing/New-York/New-York) and Airbnb/VRBO for 30+ day stays to confirm what is out there. 

The underwriting may involve a credit check on the primary borrower, others do not but may require a personal guarantee signed by members of the business entity borrower. 

Had a ton of tire kickers in the past and find this weeds them out also ask for deposits on any properties so we don’t get burned. 

Check your municipality's zoning map and ordinance to see if that is permitted for your property.

@Jonathan RiveraAt the least an OOS investor should go and check out neighborhoods and meet with potential PM's before investing a single dollar.the turnkey concept works for some but more threads on BP talk about missed expectations from the turnkey operators.