Hello 👋 I’m so happy to join this forum, heard a lot about it on BP podcasts, I’m new to real estate and would love to connect with you all, share valuable information and insights and also grow together.

Thank you for the additional info.

We have not disabled ours or converted to gas, but Tenant must sign a Fireplace Addendum stating if they use it, we require a higher renter's liability policy with us as additional insured, rules on wood, storage, use, safety, they pay for yearly professional cleaning each year they are there, etc.  

I have thought about renting out my primary residence because I could potentially have someone else paying my mortgage and the rental income would pay the mortgage and also put about an additional 600 month in my pocket.

Lot next door- possibly building additional home someday.

However, maintaining a good relationship with your previous lender is also valuable.

Not sure the final outcome, but I'm guessing that is a case where you think things are risk free, but I expect the purchaser was out significant legal fees that were not reimbursed and ended up not getting the property.I've always thought about this in the rare instance that a super nice and super valuable property goes to sale with a mortgage on it. 

New roof, interior & exterior paint, finished additional living space What was the outcome?

Marketing Strategies:In addition to listing on major platforms like Airbnb and Furnished Finder, consider joining local Facebook groups for military families or relocation services.

We plan to register an additional LLC (of the investor) that will hold 50% of the property.