Navigating STR regulations can be challenging, and I'm considering potential locations in Vermont, Rhode Island, and upstate New York, specifically around Syracuse or the Jay area.

.- Uses no or very, very little fund leverage (LOC for less than 20% of fund equity)- Lends in one specific location/region that fund managers have deep operational experience in and which has speedy foreclosure laws. - Multiple unrelated fund mangers with deep experience (so one can't get hit by a bus)- Lends at conservative LTVs, stage-gates release of funds based on project milestones.- All loans are in first position, with senior rights.- Lends only to experienced borrowers- Has good liquidity - 1 year lockup or lessThe problem is that no fund meets all of these criteria.

sure, after the redemption period on the property is over no issues. 

If these issues are persistent, it could affect your rental income and tenant satisfaction.Long-Term Investment Goals: Reflect on your long-term investment goals.

Where is the lot specifically located?

Zoning issues are out of my league but bet you know how to make it happen with your expertise!

I believe you can convert your primary to a short term rental without an issue (but check with CPA).  

Building Codes and Permits: Insights on navigating local building codes and securing permits for this type of conversion would be incredibly helpful.Potential Pitfalls: Are there any common issues or unforeseen challenges I should be aware of when undertaking a project like this?

Hey Gabriel, I do a ton in Detroit for my own portfolio as well as other investors.Fix and flip margins are going to be small in most of the locations you're looking at.

Currently struggling through quick books Just received an email that GAREIA is having a class April 27, 9am-12pm.Virtual, Location: VirtualDate: April 27, 2004Objective:By the end of the class, you will have a good idea of (a) the output / reports from QB, (b) how that helps you as an investor both improve your management and insights, and assist with taxes, and (c) how to get started, get the inputs right the 1st time.