Investing in single-family residence fix-and-flip projects in New York involves purchasing distressed or undervalued single-family homes, renovating them, and selling them at a profit.

@Rene Hosman The only time I've seen them is larger buildings that have financing and the success of the project is contingent on a certain occupancy number, but then again what project isn't :) That being said, I'd always write concessions to start on the second month of full rent.

I did this prior to my R2R purchase to ensure my numbers were in the same range as R2R's projections.

It often delays or even halts the project.

I had a project last year that a sub hit a conduit that was marked out and the utility made a claim many months later.

I am currently employed as a project engineer working for a GC that builds multi-family projects.

@John Perkins Help you find lenders that can increase your profitability on your projects and perhaps help you scale!

Nightly rates: Yes, but the benchmarks should also be lower.Year 2 turnaround: What strategies could we implement to project a higher ROI in our second year?

Another possibility could be a home equity line of credit (HELOC), if you have sufficient equity in another propertyGood luck with your project!

This one was strange because I ended up splitting the companies and partners involved in the deal so we liquidated halfway through the project.