For me that is one of the EASIEST maintenance calls I get.In addition, I will pick up some used washers and dryers locally off facebook marketplace for $150-200 and store them usually for when I put a new rental in service and need to put appliances in it.

They barely have enough money for a downpayment, and now they have to come up with additional funds to cover the real estate commissions.Furthermore, it is unlikely to bring home prices down because prices are market-driven and not related to real estate commissions.

You can also opt to use FHA financing for a minimum of 3.5% down (this works best for 2 units, 3-4 units has additional hoops to jump through).

We would be adding an additional office in the front portion and creating more office space for trainings and creative workspace with a supported work program for the community in the other portion.

Additionally we sold about 1/3 of the units cash so that helped immensely, especially the first two which helped establish comps. 

Any additional expenses incurred in preparing the land for sale (such as adding driveways) would also be included in the cost basis.In summary, you would typically report the capital gain from the sale of each parcel in the year the sale occurred, based on the cost basis allocated to each parcel.

Also, keep in mind that PMs often have add-on fees for tenant placement, managing repairs etc in addition to collecting a fee for monthly management.

Any suggestions or recommendations for pros who can help me out in the NYC area?

Would love to hear all the tips and suggestions!! 

Then we notify #1 that we have a 2nd buyer with no contingency and they have X amount of time, whatever was originally negotiated to remove it and pay additional earnest money.