Albany, Syracuse, Utica, OH, PA, etc.) for cashflow.The challenge in these markets is that demand is through the roof, and many properties either sell at the asking price or above the asking price (Suffolk's sale price average was 1.5% ABOVE the asking price).If I were in your shoes, I'd explore local and remote multi-family options before considering the mid-term rental route.All the best!

So yes, you can fix and flip, or hold as a rental, or whatever.Thank you, so market auction is the best option in your opinion?

You should be able to go as low as 10-15% down payment with your experience.Ground up Financing: Most "ground up" financing options require a bit of experience - 3-5 exists (rehabbed & sold or rehabbed & refinanced in the last 3 years).

I really like Lease to own option to get into deals without having to take on massive debt.

I would finish 4/6 rooms down there with proper egress and optional ventilation.

My view is there is more protection on a wrap than a sub to and with the right disclosures and underwriting can be an alternative option. 

The best option is to respond quickly and professionally in hopes that they move out.I would give the tenant two options: 1. vacate the rental in one week, leaving it in the same condition as when they moved in, and I will refund their deposit within 72 hours; or2.

They have lots of options for you, depending on your budget.

If you're considering purchasing under a business name, consult a CPA or attorney for setup and financing options.

Reach out if you would like to compare options or revenue potential for different homes and communities.