Overlooking the finer details can result in negative reviews and lower booking rates.3.

The average rent rate is $1,300/mo. 

I would only consider this if they can demonstrate they are a professional company with a long history (operating 5+ years would be my standard), and if they are willing to make it financially beneficial to you (higher rent rate, they handle maintenance, etc.).There are a lot of "businesses" that started recently that have no real experience, meaning they've only operated in a strong market.

That’s step 1. step 2 - contact a local commercial broker and ask what the avg cap rate is in the area for SS units. step 3 - use the cap rate the broker provided and the NOI from the docs the seller gave you. 

I secured financing for my first property through a conventional 30-year fixed-rate loan, securing a favorable interest rate for stable and predictable long-term payments.

Each class has different tenant pools, appreciation, turnover rates, etc.

@Kalen AdamsonNot tax advice as a cpa can respond but typically when you cash in stocks that gain is taxed (if owned for a while at qualified dividend rate).You could take the cash, hold money for taxes and put that money as a contribution to the LLC and then start investing in real estateIf you invest in real estate you may get depreciation etc whixh could be paper loss and potential reduce tax obligation but the entire picture needs to be looked at

NYC has a high demand for rentals overall, but you'll have to look into the particular neighborhoods you're interested in.Your cash flow will be impacted by your mortgage's interest rate.

Interest rates and prices will almost certainly be higher for the rest of your life.

Is there a quick way to see averages for interest rates for investment properties?