Others might suggest using hard money crooks which is great in thier market but not NYC cause one little error like neighbor calling 311, city stoping your work, sub contractors trying to steal from you or even your attorney being lazy to process your paperwork and etc cost time and money and NYC is not forgiving.That's why I push for NYC investors to look for Newark or other cheap markets because a mistake there would cost you money but in NYC it will cost you time.Time is more valuable than money.

In the property segment we focus on, rents have risen by an average of 7% and sale prices by 9% annually since 2015.What causes rents (and prices) to increase?

The Real Estate Crash of 2008-2010 caused real estate prices to crash across the country - but didn't affect rent amounts.

They always pretend to be confused and just want us to send someone.7) Some will cause damages that S8 won't require to be fixed, but will threaten to move if you don't fix it.

Watch youtube videos on how to underwrite deals.If you're not the money be the knowledge cause that's what money is looking for. 

Not looking to bash Airbnb or Milwaukee, just trying to sanity-check this and learn how others are thinking about risk mitigation after something that feels like a true outlier and has caused a lot of lost sleep.  

There are no hidden costs that have caused me to seek a property manager.  

But maybe that possibility just causes them to cave. 

Or if the neighborhood was causing a rent decline.

These run for weeks, causing mold and structural rot that insurance often denies as "gradual damage."2.