Quote from @Tim Miner: Hi, I am a Real Estate investor in NY who is looking to start a Mastermind Group here in NY.

Sold it recently to make a nice profit.

You may have water traveling down the bedroom wall, then across the dining room ceiling to the lowest spot which happens to be there.

Agents and anyone in this industry got lucky and used to the COVID times when things were insane.

I've sent you a connection request and would love to connect to get a better understanding of the market.

Root intrusion is rare with plastic pipe because that means a crack that's going to admit soil as well and eventually bust completely, so if you have roots in PVC you might as well plan to excavate.

You have the right things to analyze here, but STR might be a tall order to do arbitrage unless you have the funds to go heavy on the furnishings.

I have alot to learn.

If it was me...I'd check with zoning to find out how many dwelling units I could build, and I'd find what the requirements are for those units (type of house, height and setback restrictions, etc.).Then I'd find out what local builders think the cost to construct would be - just get a cost estimate per square foot for 2 or 3 different levels of finish.

Be interesting to see the inner workings of the deal and how it was underwritten.The big question in life, not to be or not to be, not nature vs nurture, no, what is the difference between a HML and a PML?