Because of this treatment in the CARES act, the multifamily industry weathered the worst of the pandemic.History tells us that during recessions, multifamily housing production contracts moderately, rent declines are short lived, and vacancies only increase briefly and by modest amounts.

No more long term tenants with dirty yards and houses and cars up on blocks.c) Neighbors love them (except of course for the party atmosphere which has declined rapidly as AIR and VRBO have clamped down on that crowd)d) economic impact - most cities make millions more from TOT than they would without STRs, improving the quality of life for many, particularly the lower classe) the increased tourist activity brings in big $ for local restaurants, breweries, museums and the likeWell I'll stop the rant, you can see where I stand.... :-) Best of luck in your RE career if you go that path.... 

( wear layer, thickness, padding, price)What surprised you the most with this product?

But physically altering with infrastructure etc creates inventory and requires you to start a new clock to demonstrate your intent to hold for productive use and allow the 1031.

If you're in Manhattan then the building layout looks just like other available products.

GREAT Topic,Make sure you know exactly what you want done on this home @ New floor coverings, new kitchen, counter tops, new lights, new bathroom fixtures.New paint , @ tone paint, etc, etc,Because  you holding on to it as a rental make sure you get at least 10 year materials and product, namely floors and plumbing faucets.  

He's been sending me Visio products and they seem legit. 

I’d love to hear more from a lender, but depending on your timeline and where rates go - you would likely be better off just refinancing it into a primary residence product once you move to Colorado anyway.

But if you find developers who still sell their product to the public it's certainly worth looking into. 

We expect STR rent between $12k to $15k per month.The finished product will be an open layout, 5 BR, 2.75 bathroom home with beautiful, rehabbed pool, and with a deck with a view.