Which we have pre sold to some of the major builders like Toll or Lennar and some regional I cant recall the name..

You may not believe it, but I doubt any of the moderators are sitting around waiting for you to post. 

It sits right on the end of Lake Erie and gets ALL the lake effect snow.Not a show stopper, they know how to deal with snow and weather in Buffalo, but it is something to work into your numbers when you are doing your due diligence on a property.

Rents in the area are anywhere from $1k-$1300 a month.My plan was to get a hard money loan to get it going and fixed up and ready for tenants, then within about 6-7 months refinance the home with a traditional lender, then sit with that home for awhile until I get fully comfortable with the one house.

Purchase price: $3,975,000 Cash invested: $1,025,000 FIXER UPPER-Chateau Montclair sits on almost 6 acres & overlooks a 10 acre lake in the new exclusive gated community, The Montclair.

We went from a 2 bedroom 1 bath home on a little under a half an acre to a 4 bed 3 bath home and an extra building the prior owners called the "pottery barn" that sits on 2.5 acres in town.

Purchase price: $3,975,000 Cash invested: $1,025,000 FIXER UPPER-Chateau Montclair sits on almost 6 acres & overlooks a 10 acre lake in the new exclusive gated community, The Montclair.

"So, Mr Smith, in addition to doing plan take-offs and making sure the window schedule is correct, you're going to go sit with your supplier for a couple hours and go over details?

I suppose we would see granite workbenches and stainless steel table saws appear on the market so you could sit one next to your living room and feel good about it.

I’d look at properties that have been sitting a while that may offer seller concessions to help with the rate or look at a different market altogether.