It was my company's first rental property purchase.

I'm currently based in New York City, and after watching a few friends enter into real estate from a few different angles, I started to dive into researching the industry recently.I'm a 2x entrepreneur, building companies in both the creative and fintech space (as a side project I also created a non-profit during COVID to support the restaurant industry).

I'm also thinking it might be better to buy near hospitals/universities/tech companies/factories.Am I missing anything, or is this typically the research one should do before buying an investment property?

Talk to your insurance company about it, this is not the first time they have experienced this.

Insurance companies have many exclusions and they may not cover everything, but they can help to pay for some of the costs of a lawsuit.Good:Using one LLC for all of your rental properties.

Well I have favorite, but it is usually for big companies so it will be out of the question.

As a result, I informed them in an email that only toilet paper is allowed in the system that any further instances of baby wipes or like products that become lodged in the impeller and create the need for a plumbing company to fix & dislodge will be billed back to the tenants.

there are many adu companies out there who would provide you the model from builder like champion home or clayton home, and then take care of site work - foundation + pulling all utilities. the lowest quote i have recd is for 146k for around 770 sqft. 

im a contractor, carpenter and welder by trade. ive been working on distressed homes and commercial properties for about 15 years. worked my way from garbage laborer to superintendent on multiple 60-80 unit buildings in albany anf surrpunding cities for a real estate company. ive been on my own for thr last 3 years working as a GC for other investors on fix and flips and im ready to complete some deals on my own with my skills and experience.i have a family home that i grew up in and its been in rough and distressed condition since i can remember. i am going to take on the renovations and get it up to snuff and will need a ton of work. im ready and able and aware or what it will take and im ready to go. i dont have many mentors so most of this is on me with my own youtubing and bigger pockets knowledge, other than that its gonna be help from friends and family. looking for advice on the project and i can give more details, this is my first time posting or discussing about it. any advice, opinions, info from some seasoned veterans would be extremely beneficial. either way looking forward to putting my passion and confidence in a family home thats been abandoned since ive lived there when i moved out at 17. prob will make some mistakes but im ready to learn lessons and gain wisdom through my first one on my own and keep it going as long as i can with other distressed properties in the area and beyond

Multiple, billion dollar companies are investing substantial amounts of money into our area, such as Intel, Google, and Amazon.