I know that’s right in the ball park for property taxes, but I am unsure about the insurance and how it’s calculated.

I've been researching what the typical ball park percentage would be for closing costs in NYC.

Is it time to throw open the emergency chute... should I maybe tap the brakes and take a breath... or should I continue balls to the wall?

I usually break it down by location A,B,C,D (war zone) AND age A,B,C,DUsually ageA 0- 10 yearsB 11-20 yearsC 21-30 yearsD 31 and upYou also have to factor in when an older building has been rehabbed and upgraded.Not just the cosmetics but all the mechanicals etc. to make new again and added amenities for today's standards (separate utility metering,pool,washer and dryer in suite,etc.)You won't find certain amenities with smaller properties.There is alot more than this with analysis and this is just ball park.

The ball is really in our court for this.

They currently live in the house and do not want to move, therefore, the ball is in your court.

Who in my city would I need to contact to get the ball rolling on this?

I finally have the ball moving with real estate and it has always been my goal to take fix and flip profits, and any other profits from RE, to turn them into rentals.

Busy agents don't like low ball offers that the bank will never take.

We have been successful with the sfr's but this is a whole different ball game.Ex.LOIPurchase Agreement?