Lot's of opportunities with owners selling who purchased at the height of the market end of 2021 and 2022. 

I tried to look at some properties for STR in Pocono Lakes, Hudson Valley, and Jersey Heights as this will be my first investment I'm worried as these will be good locations to go ahead for STR.

I don't beloved they have a unit restriction for owners

@Ndy Onyidoreplying your strategy on #3, I will add the following for you to consider.Most of these properties as @Rick Baggenstoss had mentioned are run down , townhomes, land lots.There may be additional liens on top of the tax lien, such as HOA lien. also with the townhome communities, some of them has rental % restriction; meaning the HOA only allows so much % used for rental. the rest has to be owner occupied.

DSCR loans don't require personal income verification or a debt-to-income ratio, making them ideal for properties with strong cash flow, even if the current owner has credit issues.Here's how it could work:You could use a DSCR loan to refinance the hard money loan, securing more favorable terms without having to involve the seller's credit.Since the rental income easily covers the property’s debt service, you’ll be in a good position for lender approval, bypassing the conventional mortgage route.This approach could allow the owner to stay in the house, while you take over financing with a less restrictive structure.

What groups are out there that lend to practicing Muslims and honor their financing restrictions?

I live about 10 minutes east of the clinic in University Heights. 

Oh.. and one thing I learned the hard way is that some policies have restrictions on borrowing against them, so double-check with your insurance provider first.

Hello everyone,I am buying an RSO-controlled property in Los Feliz and will be performing a no-fault eviction so I can move in as my primary residence.The property is currently a duplex, with a 2 bed 1 bath on the top...

As for use as "finished space", a basement can add SOME value but typically the head height may be lower, it doesn't have large windows etc.