It is also a great place for flippers to make some $$$$$$.Demographic SnapshotPopulation Dynamics: Higher populations in zip codes 13208 and 13210 suggest a vibrant rental market, whereas 13224’s higher median income points to the potential for luxury real estate investments.Age and Housing Needs: The younger demographics in zip codes 13204, 13205, and 13210 indicate a need for affordable, compact living spaces suitable for young singles and new families.Age DemographicsGen Z is actively moving to Syracuse, NY:https://www.localsyr.com/news/gen-z-is-moving-to-major-cities-including-syracuse-why/This migrational data is supported by search terms for jobs at Amazon being up 900% YoY:KeywordAvg. monthly searchesYoY changeamazon jobs syracuse ny500900%amazon careers syracuse ny500900%Market Analysis and Rent TrendsRental Scene: There is a stark contrast in rental prices across the zip codes.

I am certainly not a tax expert, but fwiw, I just looked at my closing statement from the purchase of a Brooklyn multi-fam and as purchaser, I paid the following taxes:Transfer Tax Additional Transfer(mansion)taxTransfer Tax Supplemental NYC(mansion)taxMortgage Tax 1st mortgage

I am hearing multiple things like - "go explore Strawberry mansion or Brewery town" - "try Kensington" or "go to Cobbs Creek"?

Or are you going after 250 unit luxury downtown apartments?

Even more of a reason you should re-consider investing in luxury, Class A investments at this time.

It's like a burst of light for any room and pairing it with Ultra-Pure White for trim and ceilings will give your place that crisp, modern vibe.

From the specs you gave it sounds like a mansion.

Well, I wouldn't say I had prior experience but had the luxury of being around "old-school" investors.

For flipping, I don't do it a lot, I flip one at a time in class B neighborhood (HOA neighborhood) where I build semi luxury houses.

For shared living spaces, durability should often take precedence over luxury to minimize the need for constant repairs.