There isn't a book that will lay a roadmap and get you the success you need.

I'd start the process of non-renewal, notice to vacate and eviction if needed. 

I think its going to just take some time for the end buyers in the chain (the people responsible for buying the MBS through the whole process - generally banks, insurance cos, pension funds) - by nature are very conservative and slow to adopt to new things like SRO.Its a tough situation because the message a lot of times ends up being "rent it out traditionally on a single lease since thats more conservative" yet they are out of touch with investors who can only cash flow in this current environment with creative solutions such as rent by room, etc.

.- I underwrote these projects only using annualized revenue (rent increase with some extra vacancy loss in year 1 x total units x 12 months) / total project cost- For projects I know were successful, I'm seeing a larger increase in NOI than expected so shifting to a yield on cost metric that's market adjusted NOI growth / total project cost.- I'm seeing a lot of volatility on these and can't land on what metric to use.

I realize that it is harder to start out of state but from what I've read/known the process is very similar to doing it in-state.

( Can't find any info online for the NYC market) Is there a process to try and get the property in a short sale before it goes on auction, If so who needs to be contacted?

However, the prolonged decision-making process has resulted in irreparable damage to the windows, confirmed by the window company as improper initial installation by the builder.

Qualifying for ground up construction (GUC) loans without the experience of successful flips or other GUC projects is tough... not impossible, but also notably not cheap.

Our rule for investment in STR is always equal baths for beds, its been a recipe for success for us.

I'm trying to streamline the app process for my tenants (and me).