Even if rents are trending up, if your tenant base can't make ends meet, the asset won't perform.

He is regarded as the STR expert in the area but he has used every strategy in the book, and should be able to point you in the right direction based on your goals!

Based on the information that you shared, if you haven’t already done so, I recommend connecting with a local expert.

As a result the property, based on capitalization rates, can now be sold for $450,000.  

I also completely understand the frustration of navigating through "Joker brokers" and fake lenders who promise more than they can deliver—one of the biggest challenges in the industry today.Regarding your approach to accrual-based repayment options, that’s a huge help for flippers managing tight cash flow, and it's great that you offer that flexibility.

@Cherie Carr deal machine has an app for that it subscription based.

(You know you’re on the right track and you insure future leases end between March and July by varying the length of the new lease.)Good luck. 

Tom, Based on what you've provided, if the property was held over one year, you'd be subject to the long term capital gains rates and any depreciation that you took on the property in the past would have to be "recaptured" (Added to your income) at the short term tax rates (but it will not exceed 25%). 

Based on my experience managing a significant number of rentals, leasing back to a seller can work, but it’s essential to approach it carefully.Lease Start Date:The lease should be signed at closing and start on the same day—Monday in your case.

I was very happy with the first management company and then widely disappointed based on the expectations that were set by the first one.