lessons learned was to plan better around the Holiday season.

., I know you are a very seasoned lender and I appreciate your advice.It does look like the borrower is going to be able to finish the flip after all, albeit well past our contract due date but I would rather it go this way than have to take the house back and finish it myself.

On the plus side of the vacation rental, if you own it, it also gives you a place to go once in awhile for a short vacation in the off season.  

Is there any advice that some of you seasoned RE professionals could pass down to me?

Im looking to invest in storage units, and would like some advice, thank you for your time.

I just heard from the bank that the appraiser is not able to complete any report be it for an "as is" or "subject to" on this building as a SFH, 3 unit with storage in the front house, or 4 unit.

I talked to a seasoned investor that lives here in NY (Long Island).

I would love to hear from seasoned rehabbers and buy and hold investors for the second one or a scenario that includes the second and third together. 

I’m a rookie seeking some advice from the more seasoned investors and would greatly appreciate it.

In general, I'm curious if this is a good investment opportunity long-term and what other information I should know to help make the decision.Here are some of the numbers:Property Value: Estimating ~$800,000, but it hasn't been officially appraised since it was purchased 10 years at $500,000.Taxes: $4,000Insurance: $2,100Year Built: 19125 Total Units: 2Br/1Ba, 2Br/1Ba, 2Br/1Ba, 1Br/1Ba, StudioUtilities: Owner pays only water and trash.Mortgage: Despite being zoned as a 5-plex, the property has been approved for residential mortgage previously (one unit classified as storage during appraisal).Previous Gross Rents: $45,480 (previous owner was very generous with rent to family/friends)Estimated Gross Rents: $69,600 (based on market value)Previous Annual Expenses: $12,500 = 27% of gross rent.