We made a lot more money and had a lot fewer headaches and damages. 

This is why there can be muted market responses to actual Fed rate hikes, as the central bank often telegraphs its intentions ahead of time, to the point where the change is fully expected/estimated and thus “priced in” ahead of time.Key Economic Data Releases that Move Mortgage RatesHere are the key economic data releases that most affect Treasury yields and mortgage rates; understand these and plug them into your calendar, and you will be a mortgage rate magician in no time.Consumer Price Index (CPI)For even casual interest rate watchers, it should come as no surprise that the monthly Consumer Price Index (CPI) release is key to interest rate movements.

Riskier borrowers may receive fewer or no extension options.Property performance and stabilization timeline: If the lender believes the property will take longer to stabilize and meet the criteria for permanent financing, they may offer more extension options upfront.

Assuming you have two spouses who each make $300,000, your hourly rate is about $150 / hour assuming you work about 2000 hours a year.I personally think it is better to continue investing in LTR which will likely be less time consuming / stressful to STR's.You don't want to exchange something where you make $150 / hour(at work) to something else where you may only make $10 / hour.Best of luck

The 50% rule states that approximately 50% of EGI will typically be consumed by operating expenses.While the 50% rule provides a quick estimate, actual expenses can vary widely depending on the property type, location, age, condition, tenant mix, and market conditions.Here's an example: if a property generates $200,000 in EGI per year, the 50% rule suggests $100,000 would go towards operating expenses like taxes, insurance, utilities, and property management.

@Jonathan Quintanilla:  Yes, there are several products, designed for larger/fewer #'s of units.

It’s expensive and time consuming to collect or foreclose—especially if you can adroitly throw wrenches in everything.Once you’ve done that you go negotiate.

While the numbers check out great, it sucked, was stressful, consumed a giant pile of cash (cost about $15k more than we expected), and I asked myself about 38 times why the he!!

I have MLO and am registered but Not currently active but I keep up on CE each year so I can activate if I need to.. the main issue for me as an independent is the NMLS mortgage call report is so darn time consuming and intrusive..

It is essentially the same as a LTR lease with less time.I would say you provide starter supplies of consumables and cleaning only happens after they leave.