Hey Jordan, I have been researching a ton. 

Binghamton remains a lucrative market with ample cash flow potential, whether you opt for student housing or traditional residential rentals.While I personally focus on residential multi-family properties rather than student rentals, my portfolio offers valuable insights into the profitability of investments in this area.

That meant the person who bought it also took that 100k debt (potentially). mind-boggling. 

Therefore, comps (comparable sales) should be researched with that in mind.Basically, as an appraiser, I am not limited to any specific rules or regulations when it comes to picking my comps, deriving my value opinion, etc, as long as my method/s or reasonable, credible, and supportable.

The property fits the 1% rule and has some good potential for value add.  

Ill need to do some research on finding those right individuals to help plan 2024. 

Evaluate Your Goals, Conduct Market Research, Diversify Your Investments, Financial Preparation, Network and Build Relationships, Risk Management and Seek Professional Guidance I hope it helps. 

My quick research indicates that while there is legal precedent (albeit from 2000) that this would be technically treated as a sale, only the principal and interest paid via seller financing amortization schedule would be taxable.

Myself and a partner have a potential opportunity for a spec build, and I am trying to run numbers for the proposal.

**Plumbing Concerns: Exposed Plumbing and S-trap in Second-Floor Bathroom** - The use of an S-trap and exposed plumbing in various areas could lead to potential leaks and damage.5.