Don't get fixated on the IDEA of what something is, instead always follow the FULL math.

I agree here that I wouldn't get involved in a project unless it meets similar criteria because the math simply doesn't math.

My quick math on your current deal says you would need to cash flow $1000 net of taxes to make this make sense. 

Either way you gotta first fix your math and viability. 

I’ve seen sub-1% deals still cash flow once the full numbers are dialed in.Biggest thing—run the rental math now, not later.

There are markets in MA with similar price points (Western MA/the Berkshires) and I will likely be looking into property out that way for my next investment. 

Markets shift, expenses rise, and if you’re not running your numbers regularly, you might be holding onto something for emotional reasons — not financial ones.Curious to hear from others:Have any of you pivoted from short-term rentals back to long-term holds or sold off a property because the math stopped working?

>On a construction cost of roughly $150,000–$220,000, that translates to annual gross rents of $24,600–$30,600, or a 7–15% cash-on-cash return before financing.Your math has zero expense cost which is far from the case for residential RE.  

I have done my homework and a few of the neighboring properties have spare sqft they can sell and still be within the size to subdivide if they wish.

Welcome to the world of investing, and props to you for doing the homework early, that makes a huge difference.