So the question really is fix it and hold, or fix it and sell, which might seem reactive when viewed in the future. 

We can't build as much in the northeast, so as long as there's demand on a Micro scale in the northeast values will hold and young people should be purchasing a long term fixed payment asset. 

Buy or inherit and hold for a long time, then cash out and redeploy equity into potentially higher cash flowing properties or other investments.2.

I have no idea how to go about determining this.Thanks!

Buy and Hold?

Many thanks.I'm not sure what real estate looks like in terms of appreciation there, but if it's a good market, I would wait until next year and repeat the house hack idea. 

I really like the idea of house hacking, but my wife is not willing to move out of our single family home to move into a property with other people.

Investment Info:Condo buy & hold investment.

@David Roy GriffinBeen in the call center industry for 16 years holding different executive positions (even in the Philippines), so I can tell you this is not a good option for a number of reasons.1. 1,000 names will never bill enough to cover the call centers "hard costs" (training time, dev time, QA, overhead).

I would think this will create greater stability to South Irvington and hopefully good buy and hold prospects.