A lot of area looks barely touched and then of course you have devastation in Fort Meyers Beach. https://storms.ngs.noaa.gov/st...My first concern is with the people who are suffering, but of course we have to think of our investments as well.

@Kasondra Milton- hi there ...thanks ...Raised in the fairport area ...live on west coast now ..last summer I had to return to Roch area to help with a family illness  situation ...I stayed in a AIRBNB that was close to Strong hospital for 3 weeks ...in my search for places - I must say I was surprised at the lack of options ( at least at that time ) ...that being said - I agree with your comment about the fact that Greater  Roch  likely  wont  attract a large amount of renters consitently  ( outskirts  like  finger lakes are a diff story ) - thanks and good luck

Because, when that ordinance does go into effect you pretty much wont be able to make enough revenue from your STR.

I wont describe it as I dont want to give any of the bad folks ideas or how to..

You wont ever get all three .

You'll still need 20%+ down and wont be able to fund in an LLC, but will likely get a slightly better rate/pricing.

Since typically unsecured creditors get on average 10% of their claim, the note holder can suffer significant loss.  

Like has been already said, if you need to save the cash when starting out, it's not a bad thing to suffer a little for a good cause. 

They are suffering from their own stupidity, being "over-leveraged", and the investor from greed/fear inducing a good old fashioned Bank RUN on them, which they don't of course have the funds to pay out without bankrupting themselves.

I am able to make 50% down payment but i wont have much financial available for at least 1 years emergency fund if something went wrong.