We have checked- and re-checked the loan docs.Long story short - we lost the deal.

However, since market shift / rate increase even these guys have slowed down quite a bit.Regarding regulation, I think eventually Indy will have to regulate against Short Term Rentals.

@Ben O'Neill I have a second, and for a short while a third loan on a property.

If that time is relatively short, then a refi might make sense.

That's short-term.

It's a good little loophole for a short-term rental of your home, including renting it to your own separate business.

If you have deep pockets, I think Austin will eventually reward you, but if you are a newbie in real estate looking to cash flow positive day one or shortly thereafter, Austin is probably not your best bet in TEXAS.  

We plan on buying in Columbia sc and im thinking of buying property near the hospitals and college and renting to collage studies and short turn nurse rental. 

Bob arranges the money for Joe, so the bank is short again even though Bob could have paid more on the debt.

If a guy is charging 60/70-100$ an hour he better be able to knock this stuff in Avery short period.