Often mistakenly referred to as a type of construction or development, it actually refers to the type of ownership.condominium conversionChanging the ownership of an existing building (usually a rental project) to the condominium form of ownership.condominium hotelA condominium project that has rental or registration desks, short-term occupancy, food and telephone services, and daily cleaning services and that is operated as a commercial hotel even though the units are individually owned.

I figure that since the property is a short drive to University Circle, Cleveland Clinic, and very close to universities, it may not be a huge drawback.

we are about to initiate a land development shortly and this needs to be resolved.Thank you, in advance.

Only thing that could be seen as a negative is you'll be paying a premium for their products and services.

@Henrietta Mateaki there is no reliable way to make $1500 in a very short period of time.

I believe RDU could have improved by setting one clear, conservative expectation that applied to all properties.RDU’s systems & tools have consistently fallen short of meeting my needs.

In my original offer I asked for a short due diligence period so I could have an inspection.

Flipping a house counts a short term capital gains so if you make $20k profit on that flip you really are only bringing home $10-12k.

Would ideally be a place that feels secluded, has a cabin like feel, surrounded by nature, and is not part of a community with fees.I've looked at previous discussions around this topic, but I still have many questions:- Does anybody have direct experience with short-term vacation rentals in the Poconos?

She didn’t call back.Long story short I call back today and find out the homeowner has been leaning toward selling since the property hasn’t rented (needs updating) but they received a rental app yesterday :)The original homes are comping at $250K-$300K with updated homes nextdoor comping at $575-$675.The agent said she would present the offer to her client, but she thinks he’s leaning heavily toward renting it another year and will allow him to pay some debt.Do you know of a creative approach to tie up the property now and make it a win/win..?