Just keep it simple.

I've been using this simple tool to teach my kids and wife about this topic and more. 

Example: a gfci outlet tripped--simple reset can be performed by the tenant themselves.

Also see these:Real Estate WholesalingIntroduction to Real Estate Wholesaling | BiggerPockets Podcast #91The Ultimate Beginner’s Guide to Real Estate WholesalingA 60-Day Action Guide to Wholesaling Your First PropertyThe Newbie’s Guide to Wholesaling in 7 Simple StepsThe 8 Most Common Lies Newbies Believe About Wholesaling5 Costly Pitfalls That Catch Wholesaling Newbies Off GuardWholesaling CalculatorBest of luck to you!

So just by the simple fact that you bought a building in NYC, the value of your building increased by about $5 million. 

@Delbert Standifer simple math. mortgage $105 + $85k investment/ .75= $253330 ARV.

I understand your frustration (and share it, I have two simple residential refinances that are approaching 60 days in underwriting...it's maddening).But if you want the bank's money, lose the attitude and wrap your head around the fact that you have to play by the bank's rules. 

@Joe VilleneuveLong term goals are simple, excellent and diverse positive cash flow and assets to fund a somewhat early retirement.

right.So with that being said it was only 4 generations ago my people were not able to own land, it was 3 generations ago we were forced to own is redlined parts of the city and IF (this is a MAJOR if) If our people were even given a loan from the bank to purchase the home , they were ridiculed and ousted by the community for simply chasing the "American dream".This is what we mean when we say SYSTEMATIC racism has held the black community back longer than most even comprehend, underfunded schools, under represented political, medical, and educational positions, food deserts, nepotism in the workplace, crack in the 80s, disproportionate policing and imprisonment, the list goes on and on.

You can purchase a simple 2 unit and put 3.5% down using fha loan.Best of luck!