Airbnb had a big push recently showing how they believe this has hurt the NYC market not only for tourism (hotel prices soaring compared to other areas) but LTR rents have went up still as well.

If you do not, you may get bids from contractors that can not be compared to each other because the contractors have a different view of the quality of work or materials you envision.

However, I have a feeling they might be hesitant to provide one.Since this is my first out of state investment, I'd likely walk away if the tenant turns out to be difficult.

Thus, the DSCR Ratio will likely grow over time and this is why some DSCR Lenders will indeed lend on loans with a "sub-1.00x DSCR" which at first glance looks off. 

It was not an easy rent, considering I rented out my last house (well, 6 years ago) after only one show.

Anyone having issues with their insurance company not wanting to insure properties over a certain age?

I reviewed this with my cpa on an asset and was told basically when we do sell it and say we took $100k depreciation we would pay taxes on that money we took as depreciation.

Can I put 5% down with a co-signer that it is not a family member?

I have spent 100's of dollars on books about investing and business trying to educate myself and learn and came to this site to gain further understanding of what it takes to be an investor, the strategies, mindset, and networking.

Some HOAs might carry insurance for "loss of income" due to such situations, but it’s not guaranteed across the board.