I'm Alex Perez from St.Paul/ Minneapolis MN, passionate about real estate investing for the past year.

Metering is too costly for me at the moment, and the recoupment would take years.

Recovering this negative position can take many years.  

For years I've read countless opinions and articles about "good cause eviction," quietly dreading that it would eventually be the law in NY.

For a group like this, even with experienced investors, you have to prove that you have that experience which can take some time, and on top of that they tend to need a certain experience threshold within a certain period of time (usually 3-5 years).

I think most properties go through 1-2 a year.

So my duplex was vacant for almost a year (could have been more aggressive with finding tenants) and I was let go from my job back in January so I was bleeding for a while.

It has been used as a STR for the last few years.

If you use prevailing interest rates at the date the loan was taken out and run the amount as a 30 year fixed you can amortize to the date you wish.

Purchase price: $315,000 Cash invested: $102,000 Contributors: Jess Haas Rental Type: SFH gut Remodel, with future development potentialCondition @ Purchase: Heavy FixerStrategy: Reno + Hold & develop 1-2 additional units in next few years