(biggerpockets.com)so, if you're serious about a market - you need to go there in person. if you're not willing to do that, then don't invest there.2. you're not going to cash flow in the first few years, in any market, period. 

when I think back on customers to avoid.we had a period in the SF Bay Area were a lot of folks came over from IRan after the fall of the shah and I was new or newer..

I understand there's a one-year waiting period before converting a primary residence into a rental property, but does this same one-year rule apply when converting a rental property into a primary residence.I have another question.

This is the most challenging period outside Covid shutdown periods.  

This is a pretty standard ACH hold period. 

normally there would be a balloon payment set up for some time period.  

I guess many investors are hesitant during this period, probably due to the holiday season coming up. 

for the asset value, STRs have never had lower income (no counting any Covid lockdown periods).  

Relatively, this period is slower for sellers, which creates a solid opportunity for you to explore multiple properties/options and maybe even negotiate for a deal below market value.

At those costs it would take me about 12 years to break even if there were no other expenses for either unit during that 12 year period.