Look for ways to make the home stand out - unique theming, advantageous location in the resort near the clubhouse, or with a view.

For example, $50,000 loan at 10% paid out evenly over 10 years.Like I said, super new to this part of the business, so trying to wrap my head (and spreadsheets) around it.

If they move out, do you have the money to fix what you need to? 

M1 Finance is supposed to be coming out with high yield at at least 4.50% APY next month.  

@Jacob Welbourne were you able to BRRRR the property and pull out your initial investment?

Private Money is simply money from a non-institutional source...such as someone lending out of their personal IRA or from their savings. 

@Jim LynchSome typical minimum tenant screening requirements look like the following, but it depends on your market:-Renter has a gross monthly income of 3x more than the monthly rent-Minimum credit score of 650-Renter must have no prior evictions-No felons (or other notable criminal history)There are a number of different tenant screening softwares out there such as Zillow Rental Manager, TransUnion SmartMove, etc.Be sure to complete an employment verification by contacting the renter's employer and confirm the details they shared with you, landlord verification (if they have a previous landlord), credit check, and background check.

If they pass the screening, also find out who is paying the deposit as that is the person you will be returning it to once they leave.

We have two properties in SLC area and manage from out of state.

Good afternoon,I wanted to reach out to see if anyone could provide some clarity on lease cancellation and the notice period.