NOT luxury/resort type properties or in vacation areas. 

The property was a 3 story former Victorian mansion that had been converted into a 4-plex.

Sales prices have doubled in the last 9 years, inventory is ultra low, new construction is still not a factor, more on my YouTube channel, link in my bio.

@James WiseHey, I just want to say I was told in another forum post I am mean and it was irresponsible for telling a potential homebuyer who did not have earnest money deposit that if you don’t have the money for earnest money deposit that should not be buying a houseBecause a 23 year old living with mommy and daddy’s mansion says they buy all the time with no money down….So why you trying to kill their dreams - Lightbulb moment!!!

There are a good amount of luxury apartments nearby, but I don't think any of them have the ability to be subleased.

In the middle of those two extremes might be a small business with 3 years left on their lease, but they've made improvements to the property that aren't cheap to remove, such as perhaps a dental office (dentists might be pissed that I put them in the mid-risk category, but all the dentists going out of business in 2020-2021 taught us that American consumers apparently regard dental care as an optional and "luxury" spending item). 

Purchase price: $755,000 Cash invested: $80,000 On going Luxury flip in Broadview Heights Ohio

Located just a stone's throw from I-35, this prime location beckons both travelers seeking transient luxury and long-term tenants, including discerning retirees.With meticulously designed sites and secured permitting, this venture promises to redefine luxury travel and investment excellence.

Builder grade or luxury products?

Finishes builder grade or a bit higher such as luxury laminate, run of the mill kitchen shakers.