The issue with this is your credit score will likely go down while you wait for the funds to season if you have more  or less maxed out your credit limits, which lowers your scores.3.

It's not market like outside bay area where appreciation is driven by the aggregation of buying power or DTI limit.

Hoping to get some thoughts on whether my projections are severely off, whether house hacking in NYC would be a good idea at all, or if house hacking in NYC due to the landlord laws would make my investment more of a hassle. 

Based on what you learn from the application you'll have an idea of how to proceed.

Hey Christopher, what a great idea!

Creative idea!

I'm close to closing on the property, but now I am wondering if this is a good idea to move forward if I can't even get to list on Airbnb so really do need some help to make a decision.Thank you so much!

If anyone could predict this or had any idea they would be very wealthy themselves.

Note ADUs in most jurisdictions are limited to the smaller of 1200’ or 50% of existing unit.So adding an ADU is allowed but it may have to be the new unit, may be limited to 1200’ (or 50% of existing unit), can have a kitchen, and the new unit and/or existing unit can be rented.  

Would love to get an idea!