There will be no assessment for increase in taxes or insurance so remains at $1935.

And they remain owner and control the funding aspects.

If you claim 60% in 2024, and the bonus rate increases in later years, you cannot retroactively claim the remaining 40%.

This allows a few days for flexibility and cleaning.But it really depends on the remaining work.

If they’re open to living elsewhere, keeping the property as a short-term rental seems like the more profitable long-term play.If you’re enjoying the self-management and the demand remains strong, I’d lean toward keeping this property as an STR and exploring ways to add another.

While none of us will be getting our money back he can live well selling off the remaining assets as long as they don't shut him down.

But in reality you might just want to think about using a standard savings account And taking a hit from inflation on the cash because the delta from the higher interest account to the regular account is not really that much on small amounts.

The remaining cost-the  Renovation-will be paid using the HELOC. 

Afraid of secondary effects, both Fannie and Freddie remain in conservatorship today.What specifically did they do wrong?

The (2) remaining apartments are vacant and will need some work to be livable. 4.