NYC uses a magic formula (statistical analysis) to figure out how much your property is worth based on comparing size, style, and age of your unit with your neighborhood. 

Not being "on the ground" has already been difficult...but mostly just annoying.

The goal is to have an attractive option for single family detached workforce housing- a middle ground between apartment living and single family homes.

I officially started my ground search (not online, walking through the areas) for MF properties this past weekend and found so many buildings with "For Sale By Owner" that are nowhere to be found online.   

Rentors are easy to deal compared to former owners.

The 1st Quarter numbers are in - these numbers compare January - March 2018 to the same period in 2017.

This is why cap rate is commonly used to compare one property against another to determine which is a better investment.When you measure ROI specific to you (i.e. the investor), then yes it makes more sense to use your down payment.

Memphis, TN: Don't have a good boots on the ground team. 

Galvanized in the ground will eventually develop rust holes.

- It's only good for food haha).The quotes came back as such: $5500, $6400 and $7800 for a new 3 ton unit and installation..I was appalled as these prices didn't sit right with me so I decided to take matters into my own hands and do some on the ground research since I just so happened to be in Houston that weekend.They say your network is equal to your net-worth so I immediately reached out to my network of investors and got the contact of a formidable handy man in the area.We were able to cut out the multiple middlemen and go straight to the wholesale distributor (cutting off all middle men would mean going straight to the manufacturer but it's not possible to buy one off units from them).I paid $1000 for a brand new 3 ton unit and was charged $500 for the labor of the handyman...Needless to say, I'll be working with this handyman for future projects and repairs..Total cost - $1500 and 2 hours of my timeTotal savings - ~$6000Because of my spidey sense and network, I was able to save a ton of money, form a new relationship in the process, acquire a connect with the wholesale distributor and write this article..