This post is brought to you by James Edward Surrey at ReviewHomeWarranties.com. We sincerely appreciate our partners who allow us to keep our site up and running! If you are out and about to buy yourself a new piece of property in the New York area you are probably doing something right. A house in New York state costs as much as $300,000 (median) and a condo in New York City is more expensive, per square mile, than any other U.S city. That goes to say that if you are buying a luxurious house or apartment located on a premium piece of property, you are likely to be paying 7-figures. If you are buying it as an investment, then it's "always a good investment" but it comes with several reservations, most importantly the cost of upkeep. The rental yield of real estate in the NYC area is at around 2.5% against a national average of 2.91%, and the cost of repairs and maintenance is significantly higher than in other areas. The bottom line is that if you are experiencing unexpected repair