Best of luck with your future property!

As Fed has a plan to keep increasing rates over the coming years, I don't think I can refinance this even if this condo complex has less than 50% investor owner in the near future. 

Hopefully, we can put a stop to it here before it spreads.So to anyone who holds real estate, or plans to in the future, I highly recommend you join or donate to this group that is fighting for property owner rights.

@Burt L.I don't have any great ideas about how to avoid this in the future. 

From what I understand, the repair/renovation expenses gets added to the house basis price when I sell the place in the future.

If anyone wants to get together to discuss SB as a whole or wants me to run an analysIs for them, I have done tons of research on the market, valuations, rental rates, future projections, etc and I would be glad to do.

In today's market I can rent the unit for $2500, can the rents drop significantly in the future? 

Any suggestions to improve the future videos I'd love to hear them. 

At least a contractor, and property manager if you're using one, the lender is also very importantIf using hard money be very careful, and I recommend finding a traditional lender to refinance you out of the property in the future and make sure they are on board with what you are doing before you make an offer.

In NYC, most landlords require tenants to have annual earnings 40x the monthly rent, and they require guarantors to have annual income of 80x the monthly rent, because the assumption is they have their own housing costs in addition to the ones they are guaranteeing.Finally, look at doing deals in the future in areas that have a different tenant base.