As Calvin already mentioned, they're extremely low compared to Westchester.

I flat out told him a 200% markup for a bathtub and surround seems extremely out of the norm.

Every person is unique and different and unless you hold securities licenses or are a CPA, I would remain extremely broad.

The majority of properties that are zoned for STRs with city codes, are sold extremely quickly and are usually 'off market' properties.

Most modern hotels are like this.Yes, I have had numerous issues with guests going to extremes with the climate control, and my property is located in an area where electric is very expensive.

This strategy has become extremely popular with new investors, and I don't see us having enough "distressed" properties to meet that demand anytime soon.I see opportunities in other parts of the market though. 

He has already caused a lot of issues for us in the few weeks we have closed on the property including calling the city to stop work, yelling at our contractors for parking in front of our house (their car had gone a tiny bit in front of the neighbor's driveway), etc.

In short, I’m extremely interested in the space, and I want to get involved.

I would love invest locally but I'm not seeing many opportunities as prices are extremely high here and the numbers just don't make sense.

Also, I think it will be a massive undertaking for certain retail to be repurposed, especially the smaller investors with tiny strips.