@Sofia Komrskova The biggest selling point for me is access to the existing network of IMTR relocation specialists which would take years to build up on my own and I have had zero luck on BP getting any feedback specifically for relocation specialists. 

lol brother if everyone had that kind of money this website wouldn't exist.

"I have a very simple criteria for when an area is gentrifying as opposed to just generally improving: If it makes economic sense to buy (at market price) and tear down an existing structure in order to build and immediately sell a new building, then the area is gentrifying.

Check with an architect first to be sure you can fit your vision into the existing lot, as it's zoned currently.

Would also love to connect with experienced Cleveland rental investors.Much Thanks 2% deals are hard to come by but they do exist.

there was a follow up post where someone got a loan from them but for realistic rates  8% or so and few points.. under 6% private / hard money simply does not exist unless its a family friends type situation. that bank rates or lower right now for new construction or fix flip  

Quote from @Sean Gallagher: If there is an existing lease, you must honor it.

Hey @Josh H. it's higher risk and def also higher reward.

Consider the risks vs the small reward...

@Jae Jun: Although the conversation has changed much, and toned down regarding proposed restrictions, the plan from jump has been to allow anyone with an existing STR, so far defined as a place that's been rented STR at least 2 consecutive days in the last 6 months, to get a permit and be grandfathered.