Hey @Isadore Nelson - I'd bet my life savings on the fact that there's multiple reasons why other investors haven't scooped this up yet. 

It's a cost-saving up front and lasts longer than many other choices. 

I imagine there may be steps to take with the city upfront to determine if in fact the ground on the lot can be built on, but some general guidance or tips on best place to start and what to expect throughout the new construction process in Buffalo.

My son will be heading up the effort.  

@Caleb Johnson one of the reasons the City of Detroit is like the "wild west"!"

You need to know for sure.Even if you raise the rents, the property is still a negative cash flow, so it doesn't make sense.There are always comps.

There are a lot of local real estate investor meetups in Northern NJ that you can find in the events forum here and on other sites.

In 2021, I successfully launched an Airbnb, thanks in large part to the amazing advice and support I received from this community.

Typically, lenders don't look that hard into the LLCs.

Should I charge her a prorated amount of the original rent or the increased month-to-month rent for January?