Prices there tend to be fairly high so make sure the financials make sense to you.If you're going the townhome route, make sure you fully understand the rules and regulations of that particular community.

Mid term rentals however are another viable strategy for the area should further restrictions come into play.

Right on cue, we see 0 to 1 at play from @Eric Carr.

Strong property management and careful tenant placement also play a critical role in success here, so I recommend partnering with a turnkey company or an agent who specializes in these areas to make the process smoother.As for rental demand, homes that sit for extended periods are often the result of issues like pricing, condition, or tenant quality—not necessarily a reflection of the market as a whole.

Playing for cash flow still, but also a little for appreciation and the single families typically dont require as much hands on work on a weekly basis (mowing grass, shoveling snow, etc.)Everybodys niche will be a little different.  

I knew it was a long term play as well, and wasn't looking for something immediate with them.

Unfortunately, ther'es no guarantee, because there are a lot of variables at play here.

Although my spare time to complete such projects follows seasonal work highs and lows, it would be smart for any type deal I consider to involve adding value myself to the property.With at least 100k (possibly up to 140k) of equity in our home, I have done a fair amount of research in HELOCs and refi.

I'm paid fairly quickly, at the time the assignment occurs.- go through all the above motions, but this time I don't assign the lease and option to the tenant-buyer.

Ok to be like Fox News Fair and Balance this is a 90 home project I own and have been building out the last 3 years.. on top of the 300 homes i have built over the last 10 years.These are the type of firms that have big cataloges of ready plans .