@Nick Danaluk - The homestead aka STAR credit received in NY does not make your taxes go up faster. 

A lot of people have mentioned ROE which is fantastic because that is an excellent way to make your decision.As I am reading more into your strategy, I would start with your long term goals because there is no right or wrong decision.Some people elect to use rent money and aggressively pay down their mortgage.

Hello,I received a letter from the county or city (I'll have to double check) stating that the assessed property value has gone up by 30K. 

(Ex: Bad photos, weak descriptions, bad guest communication leading to poor reviews, etc.)So because of that, I would say choosing good management could be crucial to your receiving a high ROI.

So we will be utilizing subcontractors, and I wanted to find out how from successful flippers how you coordinate receiving bids on the cost of repairs before submitting a purchase price offer on a home?

I receive between $5,000-$9,000 down on average, as a non-refundable option fee.

@Jonathan YipYou've received valuable insights here. 

All that said, Thomas brings up an excellent point that you probably want to wait until the dust settles with your baby before jumping in to investing.

@Jordan Beckett excellent information, thanks I'll write those names down to check. 

I had a sale voided about 30 days after receiving the trustee's deed.