“Service Animal” Accidents!

The current asking price is 620K and it is 10min away from Kingstown Alexandria which has many amenities like shopping, eating, etc.Given your expertise in the real estate market, I value your opinion on whether this property is a good deal and if it aligns with current market trends.

Everyone has to start somewhere and most start with some kind of work so they can eat and pay bills.

The interest costs will be hefty and eat up a lot of profit. 

Don't eat me alive.

I'm looking for enough cash flow to cover any incidental costs of upkeeping the property so I don't have to eat the cost of any capital expedlnditures, vacancy, maintenance etc.

In NYC, yes it can be very lucrative but it could also bury you for the information you don't know that you don't know. 203k Construction loans are a whole different animal.

@Brian Burns You could do things this way, but it will be slooooow and taxes will eat your flip profits alive!

Make sure the property aligns with what retailers are actually looking for, or you'll sit with empty spaces for a while, and those vacancy costs will eat into your margins faster than just about anything.

@Daniel Murphy..Bnbs are their own animal because of the factors you mentioned.