Turn the unit and find a new renter.Very low income--you can't get blood from a stone.After the turn--screen for your best (seems most stable-long term) applicant.Good Luck!

In AirBNB’s defense, I also get the same drop in blood pressure when someone on my team tells me that a direct booking guest, Mr.

Just make sure you know the rules for loans with a non-occupant coborrower, as depending on the relation (whether they are a blood relative or not) and the type of loan you plan to use, there can be additional requirements for LTV and DTI.

Florida is tasting some of it's own blood in their mouth with the HOI issues, the HOA issue is just going to make it work.

I am not a MultiFamily unit at all.Believe me, my blood pressure is going up and down w/all this research.

It's hard for others to relate as "owning 4 houses" sounds crazy successful and unattainable to the average person, but only you know the blood, sweat and tears that went into your position and how much ongoing PITA there is. 

@Matthew Stallone appears they want you to have skin-in-the-game in the deal, so you put your blood, sweat and tears into making it succeed.

I DO NOT Broker these as the fees and rates are way to high for my blood.

Hey mate,Take your time (As much time as necessary) to get the right feet on the ground first and foremost.Many folks get caught up in the attractive numbers a potential market presents and completely neglect building a team.A good ream on the ground will make or break your investment and not so much the demographics of an area itself.You can minimize your risk by buying super cheap thus hedging any "mistakes" you make in rehab or by working with the wrong people.Be patient and negotiate tough and you should find a bargain.We do even in today's market although much less often than 3-4 years ago.Direct mail, wholesalers and good old Craigslist are just some ways we buy a lot of our properties.We are also on the list of various disposition managers that send us deals.This site has some decent deals from time to time also - https://investorlift.com/And forget about appraisals unless you manipulate them.It's a blood joke if you ask me... lolI've had deals appraise for less than we bought and rehabbed which is impossible.And I'm pretty confident that my company has bought, fixed and sold more properties in our lifetime than many appraisers have appraised.Appraisers sometimes like to be A$$holes and give a lower appraisal just to screw with the flippers profit.I think they sometimes do this out of jealousy lolIt's a funny world we live in.Just my 2 Aussie cents.Much success 🙏

@Mas YoshidaSee following list:IRA funds CANNOT be invested via a promissory note to the following: Who’s OutYouYour SpouseYour natural parents and/or your adoptive parentsYour natural grandparentsYour natural children and/or your adopted childrenThe spouses of your natural childrenAny fiduciary of your IRAAny people providing services to your IRA–such as your stockbroker–as well as his employees and both his and his employees’ blood relativesIRA funds CAN be invested via a promissory note to the following:Who’s InYour brothers and sistersYour Spouse’s brothers and sistersYour spouse’s parentsYour spouse’s grandparentsYour stepchildrenYour spouse’s stepchildrenYour grandparent’s spouse, if not your natural grandparentYour aunts, uncles, and cousins