You also spread your vacancy risk out a little - if one of three units is empty for a month that’s a 33% loss of revenue as opposed to one of 10 which would only be a 10% reduction.Another thought for you if you have the cash saved up to buy multiple houses with cash - have you considered investing passively in a syndication?

She manages all of my property and I like that better because I got full attention to it as opposed to some attention with a large PM firm.

Factors against renting -a) My wife is really into the idea of having a "home" as opposed to a rentalb) Rent for a 3 bed in brooklyn/manhattan will probably be around $5.5-$6k which is slightly less than the monthly interest and maintenance payments if we owe.You are correct in that I'll have way more liquidity if I don't buy - and use the downpayment and the excess cash that would usually go towards principal towards buying elsewhere and just renting here - seems like a better IRR/financial play but tough to balance out against a) and b) below

Locals nearby the property will be mailed about your application and they will have an opportunity to oppose it at the CoA meeting if they so choose.It's a really easy process, the Planning office and the COA are there to help people from all walks of experience. 

I have heard that if the tiles contain asbestos, then it is pretty low risk as opposed to asbestos in the walls.

Currently I self-custody completely, but not opposed to it on a smaller scale? 

All of these these things have clearly been issues for a while and they could continue to be issues without creating too much of a problem for the next several years, but I would like to invest some $$$ to preemptively make improvements as opposed to waiting until something falls apart and potentially having to owe more later on.

I prefer to avail seller credit as oppose to taking a price reduction.Example:Purcase Price: $200,000Loan Amount: $150,000Down payment: $50,000Closing Cost (Loan fee, appraisal, title, escrow (3 months of taxes & insurance)): $3500Seller Credit: $3000Unpaid Taxes: $3400Is it possible to structure the loan as,Down payment: $50,000 minus $3400 Closing Cost: $3500 minus $3000Thank you

I am working on a model involving building out a row of 4 townhomes as opposed to buying a quad.

Do keep in mind of course that doing so will require time, effort and education as opposed to buying a turnkey...