The best is to work with a seasoned banker who knows the system well and knows which questions to ask investors and which not to ask investors.

This could be happening to you as well. 

For your situation, it sounds like a seller financing purchase could be a good fit as well but this would also have limited options and the terms wouldnt likely be great.

I’d love to hear your thoughts, especially if you’ve worked with midterm rentals or know the Portsmouth market well.

Well said Jennifer!

You've done well with your Class A rental, generating $500/mo in cash flow, this adds up over time.

I have a 2-person unit with a glass top dining table and it has worked well.

@Dawn MurrayI recommend you seek your own attorney in this as well - typically in these situations there is very little to go around but whoever gets the first lawsuit and judgment wins.

Companies tend to do well when they professionally respond to negative posts, and either provide their version of events and stand their ground, or do what it takes to turn the angry poster into an ally.

It sounds like a single family house where you will be living in the house(personal use).Therefore, you may not be getting the tax benefits you think you are.Consult an accountant.I am not sure why your sister would agree to this as well, she is losing $170,000 in this transaction and she faces the possibility of you increasing her rent.You also have to charge market rent or close to market rent or it is all deemed personal use.