With the roller-coaster in rents from the STR game (for example, my Oceanside place did $20k in July and $1400 in February) I would just want to make sure that you structure a monthly debt bill that is robust enough to ride that wave confidently!

but its just not the US when it comes to credit.. no where close.In addition the person who started this thread of was talking about pre foreclosure there are strict rules in the US or many states let me put it that way and now I learn florida as well .. but in CA WA OR.. there are very strict rules on how you deal with an owner in foreclosure.. now if they are not in foreclosure then its different story all together.. but in the states trying to buy a home at 95% LTV loan and think your going to wrap it.. there is just no equity there and that leads to failures left and right. just talk to anyone with rentals in the states its always a roller coaster.. :)  and what happens is the guru's talk people into doing this that if they do have a bad tenant or a wrap that does not work.. and they do not get payments or the owner/ lessor trash's the home.. they don't have the money to keep making the payments and they don't have the money to fix them up.. and this leads to default and the ruination of the sellers credit..  

If tenants are behind on payments, the tenants are changing over constantly, vacancy is up and down like a roller coaster, deferred capex,etc. then you are buying a problem at a premium price.

The next picture shows the Rollers for the gate at the bottom.

When ever you a dealing with communication to tenants, written or oral, it is a roller coaster ride.Frank

@Jonathan CronkiteJust broom clean, and go heavy with the roller, one coat and your done!

Phoenix is the roller coaster of real estate markets.

Get him a paint brush, a roller and a plunger and put him to work. 

Real Estate has led me on a roller coaster ride full of adventurers which took me around the world.

But I do know even after the recent roller-coaster ride, it's still worth over $100k more than I paid for it.