It is highly specific, my recommendation is to contact the city directly with qualifying questions or have us do it for you :) In general Astoria is also a No-Go with the exception of commercially zoned properties.

We are BRRRRing it and we’re originally going to rent traditionally, however we decided to look into it as an Airbnb, and when we put in current loan rates which will be near or at 7% when we are ready, we’d only cash flow about $150 a month 😱, but as an Airbnb our projections are around $1,300 cash in our pockets monthly. 💰 At this point is a no brainer 🧠 and we know if it doesn’t work out or we don’t like doing it we can always revert to a traditional rental. 

We're working with a mortgage broker local to us and he has put us in contact with Lendbase as well.

They already lost some major players due to the state capping rates https://www.foxbusiness.com/lifestyle/california-insurance-c... will all insurance companies stop coverage, raise rates or reduce what they cover?

If you have a marketable property and its listed these agents will contact you.

We do not have contacts with private lenders at this time.

That's why I am sending socal investors to him.Let me know if you want his contact info.

My clients who invest in Section 8 housing do so in 'not quite' transitioned communities but that have low crime rates.

@Michael HoustonSo cap rates are for commercial properties so they have no use in 1-4 unit values.

I’ve been manually scouring Zillow/MLS for deals, but it’s time-consuming, and I’d love to streamline this.2.Has anyone experimented with using machine learning models (like classifiers or regression models) to rate properties based on their condition from MLS listing photos?