Terms for the seller 2nd have generally been 5%, interest only, 5 years.I'm only considering properties under this scenario that cashflow well immediately, hence the i/o payments, in addition to having a strong value-add element.

Seasonal Strategies:Off-peak discounts or promotions: Offering longer-stay discounts or special packages for holidays or events in the off-season can help maintain occupancy.

I can not imagine you'd get a permit with "just a box drawn on the site plan".....nothing showing plumbing, electrical, structural elements, etc. meet building code.

@Don McAlpine Are you talking about the package https://tedthomas.com/workshopdeal/ which includes weekly call with coaches,  daily 30 minute facilitator calls and magic map (interactive)?

I like how you point out the "technical" elements at play by mentioning the demand for MBS versus treasuries. 

I just received a package of documents from a lawyer I hired.

PS Rochester and Buffalo were ground zero for much of this stuff also there were groups buying those homes for 10k packaging them up and selling them for 80k to investors from England. the city / state finally cracked down on that and there was some folks that got in trouble on the criminal side of it.. you can google it.. wont mention names but you can find it if you dig deep enoughBut this is nothing new.. buying hood rates for pennies and selling them for dollars to foreigners and unsuspecting out of state folks. 

I was quoted about $6k to $10k depending on what what products/packages that included what I was looking for.

Terms for the seller 2nd have generally been 5%, interest only, 5 years.I'm only considering properties under this scenario that cashflow well immediately, in addition to having a strong value-add element.

Sellers and sellers agents knowing your agent is the real deal, represents real buyers, has great business systems in place and has done the analysis to justify the offer is the total package of negotiating.