I'm buying the property with cash, in a trendy neighborhood.

Indianapolis/ Central Indiana Investors- do you prefer to invest in fix and flip properties or buy and hold for rental cash flow and longterm appreciation? 

However, a unit without a toilet would not be considered a habitable unit in any state.You did not give a lot of background information. 

@Melissa Wongkamalasai it has been challenging to buy small multi units in Chicago for a few years now, and only the very best deals will pencil.

You can possibly do an ADU and JADU, but you would have to live somewhere on the property.I'm not saying don't buy it.

The problem with these small deals is that there no money in it for the Lender or the investors who buy the payment streams.  

Are you planning to scale and buy more in St Louis?

I buy the property with a DSCR loan at 7% for 30years for an annual payment of $300K. 20% down is $1M from investors.Increase rent (value add) over then next year to $1150/m creating a new NOI of $524K.

I am looking to sell a STR,  Are there buyers who buy a fully furnished property?

Investors can use this information to build a network of reliable contractors, helping them with future renovation or construction projects.Building permit lists offer valuable insights for real estate investors looking to uncover hidden opportunities and gain a competitive edge.