If you are thinking of having an airbnb as your form of business, if someone complains, you could be in trouble.
http://nypost.com/2015/01/04/city-is-waging-a-war-against-airbnb-renters-property-owners/
Property Management
It is funny, sometimes I think I am crazy to have created this blog. But, I just saw a cheap property in an area of Brooklyn that I don’t think I would want to visit at night. But, the deal looks compelling enough that I have to investigate. So, started thinking about it: what would I do if there were repairs? So, then thought about a management company but are there management companies for 1-4 unit properties? If so, can anyone recommend one? Would be hard to see how it would be worth it for a company to cater to this niche.
Flipping in NYC
This site is for landlords but had to add this.....
http://nypost.com/2014/12/29/real-estate-speculators-cashing-in-on-flips/
Vacation Home for Free
I will write a detailed post on the topic but some pretty good tips.
http://therealdeal.com/blog/2014/12/28/how-to-get-your-own-vacation-house-for-free/