I was a kid at the time.1983:  1 of the cottages got hit by lighting and burned down. 

All these SINGULAR city charts/metric to INFER a MSA weight are best defined as GIGO, Garbage In garbage Out.

I’m thankful we’re having a light snow winter with relatively mild temperatures because he’s working on renovating 6 units simultaneously for me!

Currently under contract for a large off-market residential property.Quick details: 4,200+ sqft 12bed / 5bath (2 kitchens) (No a flood zone)(Light - Medium rehab / rent-by-the-room play)My partner has been a PM in this community for 20+ years and is highly confident in this deal (as am I).The current issue is, we aren't confident the property can close with a bank due to a few seller complications.( ^Very long story, but if you want to hear it I will tell you haha)We're looking to over-raise about $335k ($255k purchase and $80k for the rehab).But we (and our contractors) know the rehab portion will come in a bit lower.Can anyone point me in the right direction?

If not, I'd tread extremely lightly. 

They are dead weight.

Can someone shed some light on this for me?

Not a slumlord but it is a historic building and we don't have overhead lights so that is a definite fail.

I truly think they are a league, if not 2+ above your weight. 

You can diversify across markets and different asset classesSt Augustine is the capital of short term rentals Not enough hotels, the beach, the city, nights of lights.