And you also run the risk of having to evict for non payment because most areas give people renter rights after 30 days.Granted, it can't hurt if you aren't making anything during the offseason to try to find a mid term renter. 

The two that were most expensive were ones where we had non-payment of rent and terminated the lease. 

They cut operations staff down to bare-bones, cancelled over 1,000 listings with no notice, and moved entirely to a revenue-share model (which is why they eliminated those 1,000 listings, as they were non-revenue share). 

Manage cash flow by cutting non-essential costs, making the property energy-efficient, and offering flexible lease terms.

If a seller has more than one source of air conditioning, then it is highly likely that one of these systems does not work properly.Pro tip: Unless you are able to verify repairs needed, do not simply trust/believe what a seller tells you about a non-functional appliance.

It didn't even last 2 months before our Amazon Store was shut down for non compliance. 

I did see some new builds in south side last time i was there but they were non profits building them they are the only ones that can do this in areas were existing sells for substantially lower than new builds..

A) Just make sure you can do Airbnb in a non-owner occupied property.

How do you feel about a $700k purchase price with a non owner occupied 4plex DSCR loan 3yr prepayment penalty, 10yr interest only 30yr fixed after$560k loan amount (20% down)7.750 par rate with no costs. monthly payment $3,616.66Or pay $22,295 in closing costs and get a 6.375% Monthly payment of $2,975The monthly payment difference between the two is $641.66And when you take $22,295 in closing costs and divide it by $641.66 that will give you 34.5 months (2.89 yrs) to break even if my math is correctHow do you guys feel about taking a lil less than 3 years to break even on $22,295And the seller is giving me $15,500 in seller concessions  thank you everybody for your help!!

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