The only nice things in Elmira is the food at the dive bars.

Asking in the correct forum will get a better response.Read the RULES!

@David C. is absolutely correct. 

Probably not, but food for thought.

Asking in the correct forum will get a better response.Read the RULES!

Hey Peter, thanks for the comment and the insight and you are absolutely correct about knowing what sells in your market, I see this happen with a lot of fix and flip projects that are just in the wrong areas, the investor gets the house for a good price however spends too much on repairs and adds a lot of luxury thinking that it will push the ARV significantly higher than the average in the area.

The key rules are as follows:1) Syndicator MUST have significant skin in the game, including 10% of the money raised in the first deal, 8% of the second, and 3% of the third2) The only fees allowed are 5% of revenue for property / asset management, which is enough to put food on the table, but not incentivize people to just buy, buy, buy3) The only compensation is 20% of the profit (less on the first 2 deals)4) Rapid acquisition is not allowed. 5% Is minus all operating cost correct ? 

If I remember correctly it was something like the developer had a press conference and said if we don't pass this second vote we'll have no choice but to put in a Top Golf. 

If it's something that you have caused then it needs to be corrected.

Correct, Shelter will be under use group 3, which will need a special permit to be allowed in M1-1 Zoning.