Understanding your risk tolerance, time commitment desires, and investment horizons is critical.

If you rent it out from day 1, you are committing mortgage fraud, which is serious offense and you do not want to go down that road.

But he is committed and stalks the market like a hawk.

@Miguel Suarez We’re so committed to the Metro Detroit area, we created a "Deep Dive" series here on our BiggerPockets blog about Metro Detroit cities, City of Detroit Neighborhoods and comparing Metro Detroit to other hotspots investors usually consider: https://www.biggerpockets.com/member-blogs/3094/99854-deep-dive-into-metro-detroit-cities-ecorse We're not aware of any other property manager, agent, turnkey provider, flipper or wholesaler that's made the commitment to do this!

@Chris Rich The REAL short handed market in Orlando is the MTR's Fully furnished and not, with the market for buying and selling slowing here many not wanting to commit to another full year on their current lease and then of course those professionals traveling through or moving to the area that don't want the full year commitment.

Parlay those two facts along with the ins-and-outs of tenant-friendly RLTO, and you will need to fully commit to be successful.

I've been searching for a while here on BP but have not found a thread related to my situation:I've been renovating and renting a property for just over 2 years and may be in a position to sell/close in the next 30-60 days.I am trying to cut-off major projects at this time to make a clean break, however we have committed to replacing windows in one of the units (windows are already ordered), with total project lead-time of 45-60 days (windows have been hard to get for the past year).In the event we have a closing date PRIOR to window installation, how should we handle paying the contractor?

SaundersThe SIGNED lease is your commitment to your renter.  

I did okay but wasn’t fully committed.

However – it would be nice to get out of the property manager business – without giving up a gigantic portion of the proceeds.We are very fortunate to be in a position to ask these questions, but we absolutely need to process a lot of information before committing to any sales.What do you think – Take immediate advantage of huge sale prices, then get into a DST (or several)?