There's even a bonus video on advanced underwriting we did for those who purchase directly from BP rather than Amazon, etc.Good luck!

There are branches of Cleveland Clinic and quite a few other substantial job providers in the city like Lincoln Electric and Amazon.

The other option would be Airbnb a studio in a resort town like Whistler but I still think this would be tough to net cashflow if using management.Check out the midwest.

I manage a couple of studio apartments in Southern California that would serve as ideal mid term rentals.

Navarre, FloridaCondo: Studio, 1 bathroom, bay view, fishing pier, pool, gazebo, boat parking, sleep 4Purchase Cost: 290kInterest Rate: 7% Closing Cost: 3% ($8700)Cap Ex: 10%AirBnB Fees: 3%Management: None (self managing) Loan: 10% Down; Conventional Second Home Property Taxes: $3388/yr (from county assessor's office) HOA: $523/month (includes cable, trash, maintenance)Assessments: $5600 (based on neighboring unit)Insurance: $1800/yr (based on neighboring unit, condo covers exterior of property)Internet: $55/month (Googled average; basic cable in HOA fees)Electric: $131/month (Googled average)Water: $25/monthMaintenance/Repairs: 1.5%/month (based on maintenance performed in 2022)Gross: 43k (based on neighboring unit, is on par with the 75th percentile for AirDNA and similar properties on Rabbu)State tourism taxes: $245/yr (based on neighboring unit)BP Calculator: Monthly cash flow: -$55 /moIncome: $3,583 /moExpenses: $3,638 /moCoC ROI: -1.76%

You can also get an ozone machine from amazon for under $100 and turn it on for 24 hours (make sure the house is vacant) to help with the smell.The fact that he bought it sight unseen and overpaid, is his problem.

There's so many catalysts for population and job growth (Intel, Honda, Amazon, Nationwide Hospital, etc).

This land sits adjacent to major highway, ongoing construction of a Google facility, newly built Amazon (opened in August) & Walmart fulfillment center, with XPO Logistics a few minutes away. 

I have put together some economic drivers for the area: Amazon’s new 3.7 million sf Distribution Center created 1,500-2500 new jobs in Liverpool, and an additional hub in Dewitt created another 500Lockheed Martin in Liverpool recently won a record setting $3 billion contractSRC Inc. a national defense research company added 300 new jobs at its Ciceroheadquarters, already employing 900 highly skilled workersRaymour & Flanigan hiring 1,000 new employees at their field support and distributioncenter in LiverpoolJMA Wireless investing $100 million to build out an additional 5G component factory inSyracuse to complement the existing facility in Liverpool, and bringing much of its workforce to work in the area from around the country, bringing the number of local employees up to around 1,000.Byrne Dairy investing $28 million to expand its dairy plant in Dewitt, increasing to 300 employees at the plantMicron Technology, the second largest semiconductor manufacturer in the US after Intel, is building a $100 Billion computer chip factor in the White Pine Commerce Park – a 1200-acre development site owned by the County in the Town of Clay.

Make sure to purchase it through the BP website, not amazon.