Would have to do the math backwards by figuring out the build cost and potential value when the project is completed .

If your next projects require rehab, you could use a fix and flip loan initially and then refinance them into a long term loan (BRRRR strategy).

Ask to tag along on an ongoing project.

However, they require 25-30% downpayment on your first rehab, which goes down with every rehab project to minimum of 10%.See if you have way to pull some cash - 401k, home equity line of credit...I am also on Long Island and looking for properties that I can rehab.

I have been interested in getting into short term rentals and after reading about the tax benefits my interest is peaked.Are there any basic rules of thumb on how to go about further researching if this is a good fit for me? 

You just have to pass the basic inspection.Rentable amount is based on bedrooms and bathrooms do not matter for the rent amount.

Property management, project management, etc) make up the remaining 50%.

Basically, being able to get contact info's of listing agents of let's say homes listed for 100 days and older, and feed into database or email marketing app to be able to send out offers.

Purchase price: $155,000 Cash invested: $55,000 Sale price: $240,000 I did almost all of this project myself.

Purchase price: $1,500,000 Cash invested: $13,000,000 this project is currently under construction it is a 90 unit ground up build of market rate apartments with a student housing element What made you interested in investing in this type of deal?