My opinion is that the overall direct effect of immigration policy on any given market will pale in comparison to other factors such as the economy, inflation and deregulation. 

.- You could also try selling to another naive investor, but you don't have the infrastructure to do so easily. 2) You'll need to evict the tenant if you haven't already.3) Have 2-3 agents tour the property and take videos of their recommendations of repairs.4) Review all of these to create consensus Scope Of Work (SOW). 5) Get 2-4 bids on the SOW6) Review bids to determine cost effectiveness of what to actually do.

If so, how effective has it been?

That is the best site, super cost effective, for finding the best MTR guests.

Alternatively, I’m considering wholesaling it for a quick $20K, but I’m not sure how to find local investors who can move quickly and close within the bank’s timeframe.I’d appreciate any tips or guidance on whether I’m approaching this the right way, ways I could improve, or how to effectively connect with local investors who could allow me to wholesale this property and make some immediate cash.

Quote from @Suzette Rodriguez: Now that elections are over how will the new president in office effect the real estate market?

This charge is currently not in effect and can only be levied after the Developer is no longer entitled to appoint members of the JVCA Board.

Also at closing: You should provide proof that the lender is named as such on a valid hazard insurance policy effective at least on the day of closing.Regarding the closing to sell or refi, yes, your lender will just need to provide a payoff letter with wiring instructions to the closing agent.

Due Diligence: 90 days   Close: 30 days   Earnest money: 1%Sale lease back that will take effect at closing. $26,800 a month for 6 months NNN. 

Don’t rely too much on others to guide you ultimately, there will be many voices that tell you how difficult real estate can be, about tenants who flush steaks down the toilet (has happened to me) and evictions in NY.