Kansas city is a great market to invest in - are you thinking smaller (1-4 units) or larger (5+ units) multifamily properties?

What are some pros that I can highlight from the seller’s perspective.Here are a few that I’ve come up with:1) monthly income at a higher interest rate;2) avoiding a larger tax bill by reducing the purchase price (on paper);3) a promissory note that they could potentially sell down the road.Any other major ones I am missing?

There are lots of larger investor meetups around Charlotte I'd be happy to share!

For doing an STR well the larger properties are best and it needs to stand out amongst competition to perform well. 

You need larger down payment: 15 to 25 percent down, depending on your profile and property type.

In an ideal world the investor, a partner, an interior designer, or for larger investors maybe a project manager would be able to collaborate with the contractor(s) on these things.

This means securing at least two bookings (to get a stay of less than 7 days) and completing all setup tasks.

I wouldnt develop anything but sitting on it could be worth waiting to one day add new units/condos or a larger multifamily partnering with a developer. - half of parcel can also be sold off as only one half has the SFH and ADU on itOwner is quite firm on the price.

I thought it best to build these relationships early with smaller deals and scale up rather than come out of nowhere with a larger request later (after using solely personal capital on dealflow).  

I should clarify a couple of things - the city is abandoning their current drain line as its undersized and installing larger pipe next to it so can't be a trenchless pipe but would have been nice.