I had one contractor tell me his fee would be equal to 15% of that.Does this sound high for a single family home reno project?

I am aware of the Sewage issue and i am aware that in this high interest regime it won't be a cash flow property.

Here are some common financing options:Traditional Mortgage: Obtain financing from banks with a down payment, paying off over time with interest.Hard Money Loans: Short-term loans with higher interest rates, often from private investors, suitable for quick acquisitions or credit-challenged investors.Private Money Lenders: Individuals or groups offering direct loans, with terms negotiated privately.Seller Financing: Buyers make payments directly to sellers over an agreed period, with terms negotiated between parties.Home Equity Line of Credit (HELOC): Borrow against existing property equity with a revolving credit line, typically offering flexibility.Real Estate Crowdfunding: Pool funds with other investors via online platforms for various real estate projects, offering diverse investment opportunities.1031 Exchange: Defer capital gains taxes by reinvesting sale proceeds into similar properties within a specific timeframe, useful for tax optimization.REITs (Real Estate Investment Trusts): Invest indirectly in real estate through publicly traded companies, offering liquidity and diversification.Joint Ventures/Partnerships: Collaborate with other investors to share resources and risks, leveraging each other's strengths for larger projects.Subject To Financing: Buy a property subject to the existing mortgage that's in place on the property (doesn't get paid off when the property sells).Assumable Mortgage: Buy a property and assume the mortgage that the seller already has in place.Lease Option: Rent a property with the option to buy it prior to a later date.Debt Service Credit Ratio (DSCR): A loan approved based on the income potential of the propertyThese options cater to different investor needs, preferences, and financial situations, providing flexibility in real estate investment strategies.Thanks,

@Anthony Finger I will PM you with a manager for Akron/Canton that friends speak highly of. 

@Andrew Steffens  That's interesting about spring training - we have that in Lakeland with my home state Detroit Tigers, but I don't think that really has much of an impact on us. 

One idea that I have been pondering is buying a plot of land in a relatively good location with high odds of appreciation then placing a prefab house on top of it.

I was starting to worry because I don't have a high occupancy for summer months yet, but am noticing that the majority of guests are typically booking 3-4 weeks in advance.

I highly recommend starting by tuning in to the BiggerPockets podcast.

are you looking for short term loans that payoff every 6 to 12 months or longer termthat will determine which direction you may want to go in. probably not enough to do much in CA to start unless you want junior position which is highly risky for you.

Chris’ recent trip to IMN’s Build for Rent conference unexpectedly brought Chris back not only to his early real estate days, but also his high school days.