That’s the first post I’ve ever seen on Bigger Pockets for Crossett Arkansas… Good old Crossett

It will be not only complex (but doable) to secure financing for it, but the real issue is that if you ever want to sell it, it will be super difficult for prospective buyers to secure financing unless they are seasoned investors which limits your potential buyer pool and potentially your offloading price.

The largest rent increases were seen in Cincinnati (+3.4% YoY), DC Metro (+2.9%), NYC Metro (+2.8%), and St.

I am late to your inquiry but wondered if you ever closed on that investment opportunity?

Have you ever had to convince a city council to change the zoning regulations?  

If you ever want to chat about financing options or strategies as you move forward, feel free to reach out.

I wish you the best of luck and I'm sorry for the circumstances, but you're in an amazing position most people only ever dream of! 

Question: have you ever accepted a loss to offset gains late in the year?

Over the past few months I have learned more just from YouTube, podcasts, books, and Bigger Pockets forum then I could have ever imagined.

This will strengthen your documentation and will have basis if you are ever challenged by IRS.