The county just passed a temporary pause on new STR permits.

I'm entirely new to this, and foreclosures certainly seem appealing for their potential for profit, but reading about the speed (snail's pace) at which banks can move, and potential moral dilemmas of evicting someone give me pause...

It's very tough to hit pause on most parts of business / investment advancement to focus on studies.In the grand scheme, you will spend much less of your life actually in academic environments (unless you want to teach, and I don't recommend it).

You need to wait things out right now and pause.

That is when I paused to research the levels and the I stumbled upon these reviews.

Paused during covid this past year.

But because of covid 19 courts have paused all evictions

I have some good equity built up in my stock investment portfolio which I started at an early age, fair amount in cash saved, and 0% interest debt due to student loan pause.

I did a major renovation using a 203k loan.Pros: low down payment, they have a process that (as a first time remodeler) offers structure, the 10 percent holdback requirement and a few other processes (like requiring signed lien releases) protect you, and I believe they do allow some advance to pay for materials (which your contractor may need if thousands is stuck in that holdback account).Cons: hard to get the purchase contract with such a cumbersome process, you're sometimes limited to a certain set of contractors, you have to work with their inspectors to get payment which introduces a level of risk akin to city permit inspections, the inspector we worked with was maybe not the cream of the crop, if you end up running into extra costs you can't get that 10 percent holdback until EVERYTHING is done -- so if you have to pause to raise more funds your contractor may be waiting awhile, the banks can run this poorly (B of A sold my loan to another servicer and in the process the 10 percent holdback got LOST for like 60 days and eventually showed up as a large payment against my mortgage -- not what we were hoping for in our cash-short state!)

The plague paused all of that, but it looks like we're back on course again.