Homeless Problems etc....

They are different according to the homeless community. https://invisiblepeople.tv/homeless-houseless-unhoused-or-un..."

I started a nonprofit to assist in ending homelessness in America.

*Soon after, I will be moving to the South, where I will purchase a relatively moderate-priced home (less than $350,000), likely a single-family, possibly a duplex.~ I will most likely purchase the first home (multi-family) using a bridge-DSCR loan combo or a FHA203K (3.5-20% down). 

With  one property, a hotel that doubled as a homeless shelter one neighborhood over shut down and has caused problems for the surrounding areas.

That said, in the scenario you described, I’d either end up homeless and broke or starving to death, lol, while sitting on $275K of equity.

I have one near a homeless shelter and a liquor store.

If you are going to build a shelter, maybe set aside some space for another charity to come in and put in a soup kitchen type of facility to feed your homeless population on the site.Just my 2 cents.

Crime and homelessness in the areas where you could get more cash flow is still pretty high - which is a bummer.

Thankfully I have no property in NY.I loved this quote which shows just how clueless people are about housing issues:“Housing instability is at the root of so many problems facing our city, such as exacerbating homelessness and hunger, failing to meet our children’s educational needs, and undermining public safety,” said the CWTU in a statement.