Yes we target NRD1 and NRD2 zone as well as downtown, little river, etc.

I think knowing would help with my medium term rental as well.  

I would limb the trees as well.

You might not need a GC but GCs are usually very well connected with other contractors so you can network through them.

The real value here is the rehab costs, if any, are absolutely known. 

I know you need 750 material hours per year (As well as over 50% of hours in real estate business).

I ordered a 2nd appraisal and offered the bank 10 comps as well as FMR values and the leases that I signed.

This particular location like others have shared is close to the Nubble lighthouse, walkable to ice cream and a restaurant as well as inbetween Short Sands beach and Long Sands Beach.

Shawn - I would suggest you develop a pro forma based on the stabilized state of the property to understand if it cash flows once all units are occupied being sure to include all reasonable revenue assumptions (rents, vacancy factor, etc..) as well as expenses (debt payments, maintenance, utilities, property management, taxes, insurance, turnover costs, etc..)

I highly recommend a well-qualified REALTOR who works with investors and knows how to help you best.7.