Some might say it's too reliant on the auto industry and that might be true but and that might be true.

But even older condos come with premium prices.In the last twelve months, the average price in Greenwich Village for a prewar two bedroom co-op with a doorman was about $1,860,000.

Up till recently, our agent of many years used Travelers for our home, auto, NOO rental, and umbrella.

Once a tenant puts their rent on auto-pay, they just get comfortable and forget they are even renting.

I house-hack in Village 7 and have always been inundated with very qualified tenants whenever I have a vacant unit.  

But the same could be said of an auto mechanic.

Keep your eye on East Syracuse village, a suburb with a great school district and affordable prices.

Auto correct...

I’ve been estimating a purchase price of $130k, 0% down (with down payment loan assistance from FHA).Following are my estimations:P&I: $700 (calculated from FHA low interest loan, $5.22 per thousand dollars of loan amount): 5.22x130 = 678 (but I rounded up in case I can't get a purchase price of $130k)PMI $75Insurance $50Taxes $274 (annual TOTAL (city, school, village) tax on this property is $3294)Cap ex/replacement reserve $200Utilities:Water $45Gas/Electric $170Garbage/snow removal $50Total: $1564So overall, the monthly income from my student tenants SHOULD cover my operating expenses and give me a little extra each month (which will, of course, be divided and saved/re-invested).Now here’s where I want to get a bit more creative…AirBnb.

Auto credit reports.