Days on Market (DOM) since Q3 of last year.Single-family residence values continue rising and are selling for nearly 9% more than last year - National average for home sale price increases is 4% since last year per one of BP's most recent podcasts.Multifamily properties in Queens have sold for a median price nearly 6% above last year, jumping from $1,058,000 in Q3 '24 to $1,120,000 in 2024.Lastly, despite inventory increases, the # of sold properties has declined when compared to last year.

Does anyone know what the landlord is supposed to do when construction will be occurring on the premises? 

I can offer suggestions based on my experiences.

By renting the property and keeping it in the LLC you can take advantage of depreciation, as well as as mortgage interest.  

Looking to balance Keeping It Simple and being on top of things.For years, we used Ally.

I was just wondering if anyone could give me any insight on the area and if it would be a good location to house hack.

Your experience in flipping will likely give you an edge in finding and evaluating properties for BRRR as well.If you ever need insights on financing to scale up or any advice as you transition into long-term holds, feel free to reach out.

I have family in construction who have looked at it and feel it has fairly solid bones and I like the location and think it's on the way up.

There are probably other kinds of distress I can focus on with less hassle.

Purchase price: $50,000 Cash invested: $50,000 Syndication deal on 12 beach home short-term rental construction project What made you interested in investing in this type of deal?