My partner grew up in Honolulu, HI so she knew the area and how tourism drives the city there.

If they are elderly or disabled the court can grant them up to a year to remain in place (they do have to pay use and occupancy during that time).

FHA 203(k) loans are a great way to get into a property, add value, and set yourself up for strong equity when you eventually rent it out.Biggest things to watch out for:1.Contractors & Timeline – The loan requires HUD-approved contractors, and the rehab process can take longer than expected.

Feel free to DM me and I can review the micro market with you and wish you luck. 

Quote from @Andrew Steffens: Without pulling the same report for ours I can say we are pacing about 12-15% up 2025 over 2024 in Tampa area. 

Have you found that secondary markets in your area are holding up better than the big cities?

We have a modest security deposit collected up front along with 1st month's rent and the cleaning fee.

The terms are also similar to conventional investment property loans - 30 year fixed rate, 30 year amortization (or up to 10 years interest-only).

@Rohmah Ismael this can all be covered faster on a phone or Zoom call.DM me...

opens up a lot more markets and opportunities. you can build a 400 square foot unit or 4 of them or 3 of them or any size unit you want on any lot.