For example:- Section 8 properties are usually in rougher areas.

It’s great to see someone as passionate and driven as you here.

Will be really interesting to see where this all goes! 

I’m defining general light work as plank flooring, painting, minor electrical, etc..For example - is it fair to estimate flooring labor as $3/square foot?

If he is only having hard money for a few months the delta between 7 and 10-12% is not that much.There are many other reasons, but those two I see are the most common

It was a great transition from the dorm, offering him his own space at a fixed cost.People often look down on rooming houses, seeing them as a last resort for those without other options.

For example, 78732.

For example, the laws in Texas allow me to include specific provisions in my leases that might not be legal in states like New York.One such provision I enforce is that once a tenant gives notice of non-renewal, I can immediately begin showing the property to prospective renters.Because its so state-specific I would reach out to a NY landlord, agent or property manger for more geographically specific advice. 

.:  No need to see this as a failure. 

New construction I was seeing was at $90/ sq ft.