In my case, I have residential rentals in one LLC, commercial properties in another, self storage in a third, and my real estate company operates in a fourth.

I want to see if anyone else on here has invested into the Lehigh Valley (from NYC or anywhere else) whether into residential or commercial and get your take on your experience so far.Looking forward to getting this conversation started.Ray

We enhanced the property's value by investing $6,000 in targeted renovations, including necessary repairs and updates.

I also hear from a lot of landlords that they aren't interested because it doesn't sound like a "Win" for them.Here is what I've found works - - - - - - - (1) Picking your target correctly Theoretically, you could rent any residential space and Arbitrage it, but realistically you need to find a place where you, a total newbie, can create enough value to begin a partnership.  

Hey @Jason Thompson - I'm guessing the deals you're finding are mainly residential? 

The problem with insurance/surety bond model is the resident is paying a non-refundable fee each month (or one-time total) and they don't realize they still owe the damages at the end of the lease.

I am mainly looking to connect with investors, but if you are an agent that works in the city I would still appreciate the market insight.If you have done any residential flips, rehabs, BRRRR's, rentals, or any type of deal and wouldn't mind just connecting over the phone/email, please reach out. 

True non-recourse is extremely rare when investing in small commercial or residential properties and frankly does not really exist at the feasible LTVs most investors are looking to do. 

Long-term Investment Value: Over time, demand for properties with more amenities (like the extra half bath) could increase, which may help you achieve better returns, even if the immediate ARV bump is minimal.Overall, it may not drastically change the ARV, but for rental purposes, it could enhance the property's desirability and boost cash flow.

For interior alterations, The City's website states that I can submit a RAAC Document (attached), Residential Automatic Approval Certificate, acknowledging that no plan review will be conducted since the drawings will bear my stamp and signature.