I say that, because if you introduce yourself to people in a clouded manner they may think you have something to hide.And what is your age bracket, early 20's, mid 40's etc (???)

What if you deposited $200k of cash in mid July only to watch 10% of it disappear in a month. 

@Josef Bryan Gerster I think some adjustments in your Revenue Management model could be made to increase desire for mid-week bookings.

The link mid-page:http://www.biggerpockets.com/renewsblog/category/podcast/feed/ <-- that worksThere are other links on the site that did not.  

Having worked in commercial real estate for nearly 20 years, and knowing many people that have been at it for 30+ years:1) no one ever goes bankrupt with no debt2) Most everyone I know in their mid-50s or older, that have built large portfolios (with debt, admittedly), seem to move from acquisition mode to debt pay down mode.

Get the 2nd unit leased before you purchase the property, once you are under contract, you can advertise the property for lease.If you can direct message me I can get you a rental rate quote, most of my rental loans are in the mid 6% rate currently.Thanks,Dustin

We lived in it for a year, remodeled both units and put in place a long-term tenant on one unit and a mid-term tenant on the other.Here's a little more details about this deal:*   Purchase price: $163k*   Financed price: $132k @ 7.625% APR*   After repair (estimated value): $225k*   Gross rents: $2150 ($750 one year lease & $1400 six month lease)*  Annual taxes and insurance: $7000*  Approx credit score: 650 (I used interest free credit card to pay for remodeling this property and maxing it out caused my score drop almost 50 pts!) 

Biggest Mistake is putting all your effort into a deal where the borrower is not even fully on board or shopping mid-process.

PLEASE NOTE: I want to sell by mid-October and with current market volatility, considering renting for a year if necessary and listening as Rent/Sell.Upsides to RentingLuxury condo that presents well, in a growing neighborhood that should appreciate well.3.375% 30 year fixedWilling to hold long termDownsides to RentingNon homestead taxes will be 14K Annually!

We originally hoped to rent as a mid term rental in a smaller town with a hospital, but the market quickly became oversaturated for the small demand so we decided to shift to long term rentals on both sides.