@Danny Van Call Marilyn at the City Rental Dept. and she'll send you all the info you need.Be careful though, of leaving the house vacant for more than 6 months.

If you are a busy W-2 employee or running a company, Home Team Vacation Rentals can take care of all the nuts and bults of purchasing, setting up, and managing a STR.

You inherited the house and might not care about losing it all since it was free, but liability claims could reduce this investment and your personal wealth.  

It's all about carefully weighing the pros and cons.

They asked, “why do you care about junior lies when you are in first position?

They don't care about your criteria, since it's not going to change the kind of deals that they come across.The take-away here is not to be like most newbie wholesalers: Don't do "carpet-bomb" marketing!

Be careful with FHA some loans will keep the PMI for the life of the loan.  

Just be aware that the city is underdeveloped and you might want to be extra careful when choosing tenants to make sure that you'll be collecting your rent every month. 

It’s taking Seller a while to provide the HVAC report but while time passes after due diligence - Flooring cost is way too expensive at the price point they’re asking for 130K + Care of property never took place till decided to sell so I’m not comfortable any longer - Home sits on corner lot on a slight hill with crawl space - Lots of weather changes has caused the home to settle + improper supports needed. 

Before you take any action be sure to think carefully about what your goals are in the short, medium and long term.