If you want to build on it, a lot with tree can be built on (my mom's done that twice), but you have more restrictions on where you can build.

Also, if you have the ceiling height you may want to consider a sleeping loft arrangement. 

I don’t know if there’s a restriction on owning other homes - but it does have to be owner occupied.PM me if you want a lender recommendation.

It would restrict the lender from selling the note for top dollar because there is a partial tied to it.

Even if it's zoned MFR, there may be restrictions and making a basement legal isn't as simple as throwing up some walls.

Cons:1 HOAs can be a pain and could enforce restrictions that make it tougher to rent to new tenants or sell the individual units all at once or since.2 Since this is just fractional ownership with the remaining owners owning individual units, the value & marketability of my units could be affected by the actions and upkeep of the other units.

Good afternoon Cleveland REI professionals.I flew into the city last night and I am staying at an Air BnB in Cleveland Heights.

Will accessibility repairs be restricted to bringing the leasing office up to ADA compliance or will it include the common areas or even the units as well?

Sadly, not all of my investor clients are able to self manage due to time and priority restrictions. 

The lake has many restrictions and it is not open to public.