When you get the sheriff’s proposed distribution of funds, there will be a copy of a title search that was performed by a title company selected by the sheriff; that title company is possibly the best place to go to ask whether you should buy a title policy - they did the search and should be willing to insure.

With medium interest rates, you might see a slight impact on cash flow, but BTR properties often still perform well due to their new construction and lower maintenance costs.I’m currently working in the Indianapolis market, specializing in new build duplexes that we construct with strong rental returns in mind.

It's a cute little 2bed/2bath on bluff mountain and it's performing better than I could have imagined.  

General appreciationIf it is in a solid area, maybe the play is appreciation and then a few years later do a 1031 exchange to another, better performing property.With multifamily, typically you can't do STR, but maybe MTR?

It's always a good idea to shop around and compare to find a PM that aligns with your goals.

Also a comment about someone saying it’s the student who doesn’t perform - as a coach / teacher do these people take someone’s money knowing they will fail?

So do STR hurt yes but they also help the economy because locals benefit from the lesser number of kids in the schools and the increased amenities like restaurants and more grocery stores and shops you would not have if you weren't a STR area.

I am pretty sure just about every Loan Officer is getting shopped like crazy now.

(Note: These are non-negotiable requirements that must be provided) MBE/WBE/Prevailing Wage: All projects that seek City assistance are required to have a certain percentage of Total Project Costs (TPC) that are being performed by certified Minority Business Enterprises (MBE) 26% and Women Business Enterprises (WBE) 6%, as well as have labor costs that pay prevailing wage as defined by the State of Illinois.

Would I rather own an AirBNB in Galveston for the next five years where a permit currently costs $250 a year and a correctly bought deal can still perform exceptionally, or in NYC where I can no longer operate now and for the foreseeable future?