:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

STR regulations have been a VERY hot topic here for the last year (and even beforehand).

I do it about once a quarter but last year I only went over 3 times all year.Getting a good cleaner is the key.

I think the most interesting trend I've seen in the last 25 years has been the rise of good realtors like yourself who understand the power of the 1031. 

Mmybe you weren't ready last time.

Making memories with family and friends for pictures and videos become what is most treasured as people get older and more life experience.

(Land and construction cost, expected sale price, etc.)My last development in Chicago looked like this:Land = $300kConstruction Cost $650kHolding Cost/Closing Cost/etc. $50kProfit roughly $100kThat project was in Bucktown on the nw side of Chicago.

Louis this last spring. 

Unless its changed since Ive looked last year Town of Catskill doesn't have restrictions.

The property will last forever, but if rates go down, you can always refinance later.