Purchase price: $605,000 Cash invested: $242,000 Sale price: $1,012,000 We converted the garage into the kitchen and took the roof off the garage and added a master suite.

I’m an investor RE broker focused on multi family and luxury STR’s feel free to DM me to connect.

I plan to purchase either a distressed MFH, or a distressed SFH with an ADU, a potential ADU conversion (shed, garage, separate suite, etc.), or the potential for sqft to be efficiently added during the rehab (screened porch, carport, concrete patio area, etc.).

@Jimmy Johnson rentometer is pretty good as long as you know it lumps together duplexes, luxury apartments, SFR's etc. make sure to only compare the comps that are like to the building you have. 

Producer behavior suits my operations.We small businesses are the literal definition of a canary in a coal mine.

It seems pointless to try to sue someone in Japan which is where the owner lives.Get the city to bring a public nuisance suit, and have it ask the court for power to abate the nuisance, which can be as little as board up and as much as demolition of the house. 

Joe or listened to his podcasts, you know he has section 8 tenants living in 900k luxury homes.

So, whenever hiring tradespeople its good to have someone who knows enough to evaluate the technical issues and craft a scope of work that suits you not just what the tradesperson might recommend.

I will continue to look at Springfield and am also exploring Longmeadow and East Longmeadow as I hear that location may be better suited for mid-term rental or rent-by-the-room (CoLiving) arrangements.

Seems like a good appreciation market, but maybe more suited to LTR or MTR.