Many 506b deals are pitched to new students including ones that are failing and the students have no knowledge in this industry to understand what is being presented.

And your competition will be a bunch of identical units...your pricing will always have a ceiling.

If I had the business headquartered at some commercial or industrial space, I could deduct the entire cost of the space. 

With fluctuating interest rates, tighter lending criteria, and increased competition for properties, securing the right financing has become a key factor in closing deals and maximizing ROI.Are you exploring creative options like BRRRR, partnerships, or seller financing?

The more properties you walk and the more industry conversations you have, the better you’ll get at identifying these opportunities.

Visit the property and learn about various renovation stages, gain insights from our experienced investors / speaker, and learn strategies for evaluating deals, managing budgets, and maximizing ROI.What to expect:Property walkthroughsReview before photos and discuss transformation plansDive into real deal numbers—costs, profits, and challengesNetworking with industry prosOpen Q&A session to ask anything about the process

I am only an aspiring investor, but I am a local resident of Niagara Falls, NY and I am hoping I can shed some light on your question about the winters:) I have worked in the tourism industry in the past, my husband still works in tourism.

Then I begin to research the industry.

As others have noted credit unions are generally competitive on HELOC's. 

Check Furnished Finder, Zillow, as well as AirBnb and VRBO (30+ day stays) to see what sort of competition is in that specific market.