Also, interest rates have dropped to all time lows allowing an opportunistic window to lock in very attractive financing. 

I know there are a few options that replace collecting a traditional security deposit. Is anyone familiar with these and would you recommend them? I currently charge deposits that are $50 less than the rent if it rent...

I’m looking to do a cash out refi on my current triplex for a down payment on another triplex. I have run all my numbers on the new triplex and I can get a 17.4% ROI and it will cash flow $663 per month. Great numbers...

And attracts more things to be grateful for."

It might increase your rental pool, but you would need to really vet your tenants.4) have an alternative exit strategy...sell, house hack, rent by the room, etc.Thanks for posting, I am trying to close on a 3 unit as well, and have many of the same concerns.Shawn 

- With EMF awareness increasing all the time, perhaps marketing this as an EMF-free house might attract the right tenants.. ( ..Is this stretching?  

A good friend of mine is willing to sell his home to me for 260K.The challenge is I am self employed with 1099's and most banks I know are kind of iffy about 1099 people.I am wondering if there is any alternative to getting a 30 year mortage?

So we're staring at several months that are normally when our busy season start ramping up... and we have no income at all, and some substantial overhead (mostly in terms of mortgage payments)While we have even discussed turning these properties into LTRs, I fear that in the current climate in NYC, this is not the time period to start a LTR contract.The only idea that I've come up with so far, is to list the properties at a substantial discount for week-to-month long chunks, and to advertise through alternate sources like Craiglist.

What attracted me to these was the lowest management fees.

However, if we can just slow things down we are going to be in much better shape than the alternative.