I was a kid at the time.1983:  1 of the cottages got hit by lighting and burned down. 

I’m thankful we’re having a light snow winter with relatively mild temperatures because he’s working on renovating 6 units simultaneously for me!

Currently under contract for a large off-market residential property.Quick details: 4,200+ sqft 12bed / 5bath (2 kitchens) (No a flood zone)(Light - Medium rehab / rent-by-the-room play)My partner has been a PM in this community for 20+ years and is highly confident in this deal (as am I).The current issue is, we aren't confident the property can close with a bank due to a few seller complications.( ^Very long story, but if you want to hear it I will tell you haha)We're looking to over-raise about $335k ($255k purchase and $80k for the rehab).But we (and our contractors) know the rehab portion will come in a bit lower.Can anyone point me in the right direction?

Is anyone using a self service kiosk that can shed some light on how its working out? 

If not, I'd tread extremely lightly. 

Some things we are considering include:- built in benches in shower areas- handheld shower heads- intercoms for each bed/bath- motion sensor hallway lights...etcThanks!

That is putting it lightly, though.

You can diversify across markets and different asset classesSt Augustine is the capital of short term rentals Not enough hotels, the beach, the city, nights of lights.

Not a slumlord but it is a historic building and we don't have overhead lights so that is a definite fail.

Let me give it a shot and see if I can shed some light on the subject since I'm both an investor and licensed GC in Florida and have built upwards of 20 new construction houses in the last couple years.