Because this property is located in midtown historic district of Sacramento, we feel there may be market for both MTR and STR, but first thing is we will target LTR and let 3 or 4 units filled in.When we first start developing this apartment from ground up, it was intended to flip and move on to the next project, with timing and interest rate etc.. we deiced to keep it as a cash cow for a while and see how things go.  

At a minimum, having viable plans in place for development will make these lots more marketable and valuable to potential builders when we have conversations. 

It takes time to develop trust and credibility with potential investors, so don't wait until the last minute.

Is it near a nice beach for STR?

In a nutshell, IL (where I live) too expensive of a market, but WI, MI, OH etc seems like you’d get more bang for your buck. also,  you can look at a City’s  consolidation plan and what their plans are for development to get a good forecasting of housing booms.

I'll track studio, 1BR, 2BR, etc. as well as location and how nice they are finished.

But, nice to hear from you.

If you work with real estate investors, it's nice to be relatable to your clients as well. 

That is a good point for them to factor in, nice one!

Nice to chat with you again.