@Spencer Elliott The Big problem here is the Risk.  1st Build, now if we can see that he has plenty of experience working with a production builder and how on his own.... that may work.Typically lenders want to see 3 homes built first before they will extend credit.Now His Bank should be the one lending to him, but why are they not??????

Hey all,I will be extending an offer tonight for a multi-family home that I would be living in.

Leasing back to owners @ $2050/mo for 15 months effective 04/01/2023, with their option to extend 07/01/2024 for another 12 months @$2125 provided no missed payments and other violations listed in the agreement. 

and by extending the process, some of them may have found other accommodations.

Our urban bungalows average stay length is over a week as we host a lot of business travelers on extended stays, so likely more important.  

There's pretty obvious mold/mildew between the tiles.Would also recommend against a textured finish and extended sill on the window.

Larger font sizes indicate higher prevalence of an amenity.Below, we have filtered the map to display only listings with 2 bedrooms and 2 bathrooms.As a result, the chart presents the top 100 most common amenities for this specific type of property.Seasonality of Short-Term Rentals in Okaloosa Island, FloridaNow that we have narrowed down the property search to 2 bedrooms / 2 bathrooms units with a specific set of amenities, it is time to explore the seasonality of vacation rentals.The chart below illustrates the total number of reviews across all listings in Santa Rosa Island, grouped by the month when the review was made.Each bar in the chart represents the cumulative number of reviews across all Airbnb listings in Santa Rosa Island for that particular month.Here are some observations:The high season typically starts in March and extends through October.While July is generally considered the peak season, in 2022, May emerged as the peak month.The low season spans from the end of October to the end of February of the following year.January and February experience the lowest demand, with bookings dropping by approximately 80% compared to peak months.Determining the Optimum Rates for Short-Term Rentals in Okaloosa Island, FloridaThe next phase of our analysis involves examining the pricing strategy throughout the year for the top-performing listings in this area.

In this market, trying to extend them or be provided extra time may be difficult given this strong seller's market.Generally, yes it would be good if you have a "feel" or "inkling" of what it takes to repair/replace stuff. 

The beauty of a house hack is the timeline for renovations can be extended.

I recently listened to @alwilliamson on The Michael Blank podcast and liked his model on extended stay vs long term or short term using part or all of a multifamily property.