In New York City, once bankrupt hotels find a new breath of life by converting into homeless shelters where the city pays them over double what their rates used to be.

You tend to have breathing room to cover living expenses and more time to think on next investments to scale and grow the portfolio.That's very hard to do when trying to scratch and claw to get a start wondering where money is coming from to eat and pay the bills to survive another day.

You also have an HOA on top of you breathing down your neck. 

Secondly I have been advised by my Dr to be tested for mold, parasitic, allergic or breathing problems.

I'd recommend not taking a max cash-out if it's not needed, but to take out what you need +10% to give yourself some breathing room.

Most are saying I need to be looking at $150k or more but after 15-20% down plus closing I won’t have as much breathing room as I’d like.Are others just buying the $75k deals with all cash?

I hope there might be a chance for new STRs, but I am not holding my breath.

I understand the tension of customers not wanting to constantly give everything up front for fear of the contractor having no incentive to work quickly, and even worse the possibility of them running off with the cash...but in the same breath the contractor wants to be certain that the customer is in fact going to pay, and pay in a timely manner.

She lives and breathes Arizona landlord-tenant cases.I hope the tenants all voluntarily leave for you!

Remember, they didn't mutter it under there breath or cram it into some fine print, they are DECLARING it and that is VERY serious.