You might spend a little more on the design but in the long run is worth it. 

Students tend to sign year-long leases, and if you price it right (maybe even rent by the room), you could see solid returns.

I'd been looking for a long time and nothing close to what we wanted.

Interest rates are going to have to come down because there's no way the federal government can afford long-term interest payments at these higher levels, and other countries are going to buy our debt even if their return sucks because there's no realistic viable alternative.

Hey @Jerry Nogueras - I was in your shoes too, born in NYC, and lived between there and Long Island. 

Bridge Loans or Mezzanine FinancingShort-term financing can cover the down payment:✅ Private lenders: High-interest, but great for acquisitions✅ Mezzanine loans: Secondary financing sitting behind a primary loan✅ Cross-collateralization: Leverage equity in your existing motel or rentals4.

I do outsource my Taxes, but I meant having a Real Estate Tax Accountant or a CPA who I chat with to help create me a long term strategy.

3️⃣ Too-Good-to-Be-True Terms – 100% financing, super low rates, no credit check… is this ever real?

I have experience handling this in Michigan with my short-term rental.

What are the next steps---BRRR seems like a good method for this- as theres potential for long term renters(near elementary and highschool)Step 1- look for a hard money loan(will they also cover construction?