Now the landlord has to eat the cost of the attorney, it took a month or two longer, probably will raise rents, screen harder and ultimately the vast majority of good tenants get to pay the price.That's why I donate my time to the RPA Rental Property Association of Wisconsin, which is a local non-profit REIA and we lobby in Madison for sustainable landlord tenant laws - if you are a Wisconsin investor, please consider joining.

At this time, 30 day rentals are legally allowed for any property in Kailua (unless the association has stricter rules), and I know some people who do quite well renting their SF homes on a 30 day basis.  

I am curious to know what the typical fees are associated with the operator they refer you to though. 

You’ve overlooked many of the expenses associated with a flip.

@Sasha Josephs,That's going depend on your state.Some states misinterpret selling your position in a contract as reselling the associated asset.

Hi Adelaide,For STR - you are going to get most of your business from all the sports events -- racing - Indy 500, football -Colts, NBA - Pacers, WNBA - Fever (Caitlyn Clark), We just hosted the Olympics swim trials, other events include Big Ten Championships, NCAA tournaments (NCAA headquarters here), and the Combine (recruitment for NFL).We also have a pretty busy convention center -- not huge like Vegas or Orlando, but it is solidly booked year round with events like ComiCon, GenCon, Firefighters Association, Future Farmers of America, Candy Expo, and various others.For MTR, you are looking mostly at traveling nurses and medical personnel, you also may get contract workers for the larger corporations like Lilly, Sales Force, or Rolls Royce.Happy to hop on a call and discuss further.

It still would not alleviate the other issues with an ADU addition such as revenue out long (often many months) before any incoming revenue, the worse financing associated with the ADU, that it likely makes your primary a rent controlled unit, that it detracts from the primary even if it is just yard, that adding an ADU addition is work (likely more work than a BRRRR with much lower returns), etcCan you post the valuation you receive when you receive the appraisal?

On the date of the auction, you hold a the rights to the delinquent taxes and associated payments - all of the benefits of ownership that you have at that point are only related to those delinquent taxes, and the future rights you might obtain after 12 months. 

@Ana VhanYou want to use the Arizona Association of Realtors Residential Lease and supporting documents.

This is a huge variable and the answer is it cannot be predicated with any degree of accuracy.