With several large cities within driving distance 6+ hours - the demand for recreational activities I believe is a safe play without the requirement for airfare. 

I put $40K into restoring it and played up the theme that it was the old.

Unless you are in a vacation area, I would never buy a STR that does not work as a LTR.Regarding another pandemic, we have one like every 100 years, so I am playing the odds that we are not going to have another covid lockdown situation anytime soon.

Make your value add plays effecient and effective.

Seasoning periods can also play a significant role in determining which refi option is best for a cash-out.

That plays a role.3) Where this gets complicated is you are doing commercial financing.

There is a difference between a scam, a ripoff, playing hard ball and doing business in good faith.

You may pay a bit more and make a little less, but playing the long term game is key in real estate.The types of structures could be lump sum (one price) or cost plus (meaning you pay the cost of material and labor plus a flat fee—more of an open-book model).I see some investors who want to pay for ALL the materials, which is excellent for the investor (more control of finishes & cost) and general contractor (if they are getting paid well).  

This scenario would require a zoning variance but plays out better in front of the ZBA as a pro se appeal well.

Again this depends on if you're working with someone in the states or if they are having someone overseas do the work.There are so many factors that come into play with pricing.