It's an ok deal, and ok deals can become good deals when you factor in education.My first property is my worst performer.

This is achieved by first having a cost segregation study performed.

As far as I can tell, the bank's appraiser will want to see before and after pictures that show that quality work was performed, but does that mean reviewing permits?  

Best, ChrisChris, my recommendation is to perform your entire due diligence the same way regardless if SF is available or not.

To date, that property is one of my best performing ones.  

Research more than just warm areas - Central Oregon for example has a tremendous amount of tourism, is beautiful but we have cold winters that bring in a lot of business for the winter months of vacation rentals because of our skiing. 3.

You have to read the ordnance, but typically there is a ‘permitted use’ which is the zoning class, then there are ‘prohibited uses,’ and in between there may be some combination of ‘’conditional uses’ or ‘performance standards’ where you can potentially use it for another authorized purpose.

@Matt O'Rourke nice Matt, I just put this beauty under contract in Cortland. https://www.realtor.com/reales...

But with our conservative numbers - it worked out beautifully.

It really depends on the tenant and can they be trusted to perform this work.