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b) I was initially thinking short-term rental, which is where that surge of requests came from but it feels like a lot of work as I would be doing the turns/cleaning for most part so what are the pros-cons of mid-term? 

What caused you to suddenly find it vacant? 

While speaking and telling him to pay rent, all of the sudden he started explaining to me that he was waiting for the lease to be renewed and then he was going to pay rent. 

So that said, breaking even at first isn’t a HUGE deal for us, as long as it doesn’t suddenly become a liability. 

One of them mentioned political changes can all-of-a-sudden cause you to lose ownership.

But pick a smaller number  and put a roughly believable 12% rate in the language and suddenly the purchases and celebrations start.In this case, there was also a poorly hidden "unless things go poorly" written. 

If you sign a lease with a nursery school teacher and CPA with credit scores of 800+ with a 3-year-old, what’s the likelihood that they will suddenly start cooking meth and destroying your property? 

The tenant suddenly stopped paying rent, claimed 'banking glitch' and squatted for 6 months while we worked through the evictions process.

My condo is an HOA that is suddenly non-warrantable for conventional financing.