Show them the benefits rather than just telling them the details.Create a Virtual TourWe have the luxury today of virtual tours that buyers can use to “walk” the property without even being there.

Putting money into renovating your home which you are not planning to sell anytime soon is not REI.In your position I would put in the bare minimum into renovations, perhaps sacrificing a bit of quality and luxuries .

I'm slowly seeing demand creep back but our esteemed governor has extended the ban on STR's while leaving hotels, motels, inns, resorts, non-transient public lodging establishments, or time share projects open!

Or either might buy a property management company.If you like the service industry, a motel, summer camp or an adventure lodge. 

To maximize your returns, you may want to consider more effectively targeting the luxury travel market sector.How Can You Market and Brand Your Vacation Rental to Appeal to Luxury Vacationers?

The fix and flip market (especially for high-end, luxury properties) is so hot because wider margins exist.In contrast, Chicago has seen median home sales prices increase 32% from $167K to $221K during that same time period.

Investing while still renting or purchasing a multi unit and living in one unit is more advantageous until the point in time where your investment income is such that you can throw it into a personal home as a luxury purchase.

But's hey it's luxury condo in vincinity of NYC.

You may have a bit of initial out-of-pocket expenses with travel and lodging, but it may be worth it in the end.  

I went to see what he was doing and he was building 1/2 dozen houses in a luxury development in Westchester.