Having a consultant who has worked with the agencies before is a huge plus.Alongside the developer, creating a defined site plan is needed to determine the improvement & infrastructure cost. 

Maybe renovation costs get blundered so the spread is too weak, but the appreciation and refi potential is there.

If you're as good as you claim to be, it should be easy to show that the rewards outweigh the risk. 

I've heard of people having pretty good luck with mid term rentals in Rochester because of the Mayo like you said.

Like I said, we only have utilities available in the front of the property and no current permanent structures on the property.  

You can customize the approach to your own needs.

Hi, I have a landlord's policy with Farmers Insurance; the rental property is a single-family. 

Without someone knowing the ins and outs of this, the information you receive will be just someones opinion but probably provides no strategy or path on how you should invest the $ 

The idea is to chat about local market trends, share insights, discuss what’s working (and what’s not), and, of course, enjoy a drink together!

We loved the old charm of the building.