The potential NOI and cash flows seem to be roughly double what a comparable ‘vanilla’ multi-family would be at the same purchase price (such as a 3-unit apartment building).Many of the 14 bedrooms had not been fixed up in decades.

I would get this property at a good price as it is listed at 365k in comparibles. 

Your yard requirements may very well start inside the easements reducing the buildable area as compared to a lot of the same size without those easements.

I see FF to be very mixed on bookings compared to actively getting them.

I completely agree—private money lending is becoming a key strategy in this climate, especially with its flexibility and speed compared to traditional loans.

People who are able to work their business or job remotely will choose a vacation style locale to live like Florida where we have great weather, no state taxes, and a very low tax rate compared to other states.

The property prices are lower compared to other markets, and the rental demand in certain neighborhoods can be pretty strong.Of course, it's always good to dive into specifics about the areas you're considering within Mepmhis.

Gather data on comparable properties, their rental rates, and occupancy levels to present to lenders.

I also modeled out what the investment might look like if the exit cap rate increased compared to the purchase cap rate.2.

We have a dozen or so properties there, that are without water indefinitely, perhaps as long as month.Of course, that's small change compared to the utter destruction and loss of life.