We would entertain turning the property into a MTR in the off-season, market to previous guests with a lower price than the high season, add off-season amenities according to where the property is located, and other similar ideas.

Assuming the sewer is located at the street, I guess the house is about 50 feet from that.I’m not sure what you mean by topographic level.

Hi,I'm an investor residing in FL with a multi-family property located in Upstate NY.

I’m not sure where you’re located, I couldn’t tell.

It seems like you are out of state, so if you go to facebook and search for "Ohio Real Estate Investors" or something similar to that you will see several real estate group pages.  

Many OOS investors set themselves up for failure because they don't invest the time to ACTUALLY understand:1) The Class of the NEIGHBORHOOD they are buying in - which is relative to the overall area.2) The Class of the PROPERTY they are buying - which is relative to the overall area.3) The Class of the TENANT POOL the Neighborhood & Property will attract - which is relative to the overall area.4) The Class of the CONTRACTORS that will work on their Property, given the Neighborhood location - which is relative to the overall area.5) The Class of the PROPERTY MANAGEMENT COMPANIES (PMC) that will manage their Property, given the Neighborhood location and the Tenants it will attract - which is relative to the overall area.6) That a Class X NEIGHBORHOOD will have mostly Class X PROPERTIES, which will only attract Class X TENANTS, CONTRACTORS AND PMCs and deliver Class X RESULTS.7) That OOS property Class rankings are often different than the Class ranking of the local market they live.Class A is relatively easy to manage, can even be DIY remote managed from another state.

If a Cost Segregation Study had not been performed on this $883,000 Apartment Complex located in Vista, California, it would have had first year depreciation of approximately $32,700.

Adding keywords related to your investment strategy or market locations can be updated in your settings.

exactly correct. land cost drives everything and location. before we vet any deal in columbus or any market we look at land cost, tap fees, plans, rezoning fees, and then exit price as well as what the property will sell or rent for. that's why we build as small as possible units for single family and houses under 25% of the average size home in our market 

We will have a business plan and legal pieces in hand soon, and are very confident that the location and the space of this building are perfect.