I would have been told by someone about index services (with correct hours) before spending $40 in postage to overnight something to Springfield.Hope my experience helps a fellow investor.

With this in mind, if you intend to leverage short-term debt (hard money), it's even more vital that your underwriting is thorough and that you have the correct systems in place to tackle potential issues.

Most who get tripped up are those buying the smaller multi-families that don't possess the correct use permit/historical rental license activity. 

You will never know the right number until you have a chance to inspect and get contractor bids, which will typically happen after an offer is accepted. 

The OP could use it as a template and change it to 30 days and reference the correct county law, or no county at all.

From a tax implication standpoint, it can be tricky but if done correctly, not a problem.

I’m having trouble determining the correct monthly rental rate for my property.

Hi @Noyessie Hubert that should be correct. 

You are correct; it would be awkward having two different parties staying on the property. 

Multiple people bid on that property as well.