With that said, I’d be hesitant to offer some form of farm stay as i don’t know if the area supports that draw.

With Treasury and related rates such as SOFR on the increase, Wall Street is expecting greater returns from the HMLs they support, thus compressing their margins as they compete among themselves.

No DTI, No Tax Returns, just wanted to see that the rent can support the proposed mortgage.

If you are building new properties and the area supports STRs, maybe build to suit STRs.

This district is zoned to support mixed use and multi family residential structures of up to 7 stories, so we will likely maximize our development based on that zoning. 

I think we’ll see more municipalities start offering tax incentives, fast-track permitting, and infrastructure support—because, like you said, we can’t just keep building Class A at sky-high costs and expect it to solve the problem.Curious—are you seeing any cities or counties that are ahead of the curve on zoning or incentives?

This area is strong in tourism/fishing all summer, and Hunters renting STRs all fall, many bring horses or mules, the property could support boarding horses for these instances.If this plan sounds funny, I understand that it is, I work and live on a ranch with my family an hour south of this town, but one day wish to retire and live there, other than that we have not considered this area much for investment potential, just looking to buy something for ourselves one day, but that would pay for itself until then, Tipis would be a very low overhead way to peel some return off the property quickly.thank you in advanceKale

Even if you make your place immaculate, it may not command that much higher rent because the area doesnt support it.

You will likely be comfortable with a lower CoC knowing that you are in it for the long-term appreciation, but it still needs to support itself, plus a little.

She found an expose on Lios supporting an avocado deal and suffice to say, my interest in the Spanish almonds died immediately (or the Thai cucumbers or the Truffles that the owner has found a new way to mass farm!).