I'm also in Buffalo and have a couple properties that used to have additional structures on them.

Staying local would make capital the limiting factor where my restrictions out of state would be additional research.

STR, MTR, it doesn't matter, you can't house people there and would be in a severe insurance liability if something were to happen in an unpermitted addition or renovation.If it was permitted, you would use Furnished Finder for MTR.

It's worth reaching out to Corporate Housing Groups (most HR Departments at large employers have this division as well as Relocation Companies that you can find via an internet search) to offer your property as a 30-day furnished rental.

If you have a 401k at your employer, maybe you can take a loan from there instead?

And I'm open to your comments, so please comment:)The SCS wants a wetland delineation and NPDES permit in addition to the normal E&S plan and stormwater controls.

We will able to make light to medium renovations and have additional team  members available for more complex renovations

The increase in vacancies can be attributed to the addition of new properties to the market and higher than usual vacancy rates in older properties.https://www.socalrha.org/news/2024-vacancy-and-rental-rate-s...Note LL, location, and property all have an impact on actual vacancy.  

Please shoot me a text or email if you have any additional questions or interest in deals (contact info is listed in my bio). 

In addition, on market and off market REO's.