Mary's Strip, and several universities (SACC, Trinity, UIW, etc.). 

Also most universities have some kind of housing office that can point students to common rentals as well as on campus recomendations.

One can't just do a conversion like that at will, commercial is not a singular universal designation. 

That being said, it is almost universally believed that to arrive at a cash flow number one “modifies” the profit and loss statement by adding back not cash expenses such as depreciation.BUT, here’s my issue.  

But what a lot of people don't talk about when discussing the Cleveland real estate market is how much they're building up the downtown Cleveland and University Circle areas. 

I understand the capital region, the Adirondack region, and Western New York (Rochester and Buffalo) have their strengths and weaknesses, but I'm going to focus on this central part of the state.Binghamton is my favorite investment market for a few reasons, but it's not for everyone.STRENGTHS-  low prices-  blue collar overall, meaning lots of resources for contractors-  growing university, consistently growing rents-  I expect to see an actual 10% cap rate here, higher if the property needs work-  compared to downstate, permitting, evictions, etc. are simple and quick-  no code compliance inspections required on existing multifamiliesWEAKNESSES-  no. natural. appreciation.

If it's annoying, I agree, lawsuits after-the-fact ARE very annoying and due to such that's why everyone get's to enjoy this new universal annoyance. 

Pay it forward, the universe will reciprocate if you helped someone out who is in a tough scenario. 

You need to be an accredited investor interested in multifamily.2.

Although, as mentioned at the top, the pull chain switches are often a weak spot, however they are often easy to simply replace with an inexpensive, universal replacement switch from the hardware store.