I just read your "Definitive Guide to IRR" article and had a good laugh at this:"And, since there are so many idiots chasing yield in the marketplace, you actually manage to sell a money-loosing asset at a profit"No beating around the bush or trying to be sensitive.

B lenders are equity lenders, LTV is location sensitive and offer a 1 year term renewable.

Condos are fine to invest in but they are very sensitive to a market turn especially with high HOA fees.

I would cut your teeth on a Duplex, Triplex or Quad first, get experience managing and landlording, then venture into a small commercial investment.  

Multifamily has a very high sensitivity to economic indicators.

.: Unfortunately, providing low-income housing in a state like New York is not just a thankless job - it is the kind of job where you will get kicked in the teeth, knocked on the ground, stomped on, p*ssed on, and then left for dead afterwards.

You can cut your teeth as a landlord, but it's on a small scale and more "forgiving".I moved to Cambridge because I had a girlfriend in Boston and hated commuting every weekend from southeast CT lol.

Invest in a motion sensitive flood light.If the neighborhood is too dangerous for these techniques to protect the home, you're going to have a big problem on your hands.

Tell them you're giving them extra time to be sensitive to their situation and so they can look around at other options and decide if they want to stay.

I think I was a bit sensitive because I know I am trying to do the right thing and didn't love the idea of blinds for this unit long term though this thread has convinced me that others will probably want them, so I might as well put them up now.By the way, I'm also a twin cities man.