To allow myself to create a form of income that doesn't restrict you on your work-life balance.I joined this platform to learn, grow, and gain knowledge.

When I spoke to the NY DOS, they said I just have to setup an additional brokers license and pay the 185.00 fee. 

Due to this, DSCR loans are one of the best options currently for having a property positively cashflow as they don't include other additional expenses in underwriting. 

How are you dealing with incidentals and additional pet, amenities fees?

I live very close by this property and it is a new build so I plan on managing the property myself for the first few years to gain experience. 

Additionally, limited experience can also result in lower leverage, higher rates, lower LTV and ARV caps, and fewer options and features that are not available to investors with less experience. 3.

There is nothing to gain from adding cost to your property. 

Just to add, it is imperative (not required, but highly recommended) that taxpayers document hours in a log re. spent managing the properties on a CONTEMPORANEOUS basis.

To supplement that, there should be additional self-paced study opportunities in addition to free and cost-to-you live virtual training.

Additionally, you may look at less traditional financing options.