Also, what is the equity in the property?

This protects your investment and gives you leverage if there are issues.Other Tips:Make sure the lease explicitly defines the move-out date.Conduct a thorough walkthrough with documentation before and after the lease period to avoid disputes.Handling a seller-to-tenant situation can be tricky, but with the right precautions, it can work smoothly.

Hi Giovanni, welcome to the community!

Use the $11K for marketing instead of for a course which, at best, will be generic and will lead to the next course upsell. 

The tenant was paying rent to the previous owner but hasn't been paying rent for a while since the property was foreclosed and sold to the bank.

14 Jan 2025Maggie Switek, Brock Smith, and Abigail HumphreysWith inflation easing and the US economy experiencing continued growth, the turbulence triggered by the COVID-19 pandemic is now largely behind us.

Of the 2,849 rooms set to open this year, most fall in the upper-scale classes.

Over the next couple of years, I don’t plan to use the property often, but I may stay there occasionally when it’s not occupied.

I insure the properties ..

Hopefully, you find the info below helpful.