STR regulations are a big consideration before you make any big capital improvements specifically for short term stays, also running your numbers and making sure that your area offers consistent returns above what you'd get renting it long-term.

Let’s look at the impact those last two have had on the time it takes to deliver a new home (or apartment building).Stages in New Home ConstructionApplication for Construction PermitPermit Approval (2–12 months after application depending on where/what you want to build)Start (2.8 months after approval for MF, 1.3 months after approval for SFH)Under ConstructionCompletion (17 months after start for MF, 8.3 months after start for SFH)What does this mean?

It's about taking one step every day to move the needle forward.Progress isn't always fast, but it's a consistent effort that leads to real growth.Overnight successes are not reality.Take Action.Say Yes.

We deliver quality and value, ensuring our homes stand out.

Don't shoot yourself in the foot, but in this market, deliver a good product that a buyer would consider a win.

It’s those small, consistent actions that make a difference.

If you are consistent with learning real estate over the next 4-6 months, you’ll be ready to purchase your first (or next) property in NO TIME!

However, with the market being saturated, there might be opportunities to negotiate better deals on properties that could be suitable for long-term rentals, which typically offer more consistent cash flow throughout the year.As for seller financing, its a powerful tool, especially if you are looking to keep your personal finances separate.

To me it kind of simplifies things when you can move someone in for x number of months/ years and know you’ll have something consistent coming in.

(I am assuming, from your post, that the tenant made no other arrangements - in writing - as to where to *send/deliver* the itemized list and any amount due.)Note that the law is mum on forwarding or not forwarding the first class letter that you shall mail.