The current $800 a month over the mortgage and HOA is a nice spread, wouldn't want to stretch myself that thin on a monthly basis for the cash today. 

Henry, I found a lot near my house that has 160' street frontage, 730' depth, in an excellent location, close to a lot of apartment complexes old amd mew and many more are still under construction, but it has an area of 2000 sqft wetland right smack in the middle of the lot, leaving a small stretch to connect the two end parts together.

I suspect this one’s a stretch, but:Anyone else using Alex/Google/Siri integrations with your STRs? 

After that there is rent collections, drive by inspections, potential complaints and repairs for which networking and accomplishing in Idaho right now with our workforce stretched very thin will not be a pretty sight. 

I really do like the deal overall, the extra $20k stretches me thinner than I had hoped, but my family can help me out with it, if I decide I want this place.What I am looking for specifically is advice working through the returns calculation logic.

Policy is certainly bad, but I don't think we are headed for Weimer Republic by any stretch.

75% to 80% LTV.The higher the LTV the more the interest rate.To stretch cash go for 10 to 15% down and a lender that will allow a 10% seller second.Pay down the second loan first over the next 3 to 5 years with extra payments over principal and interest.Second you want 5 years fixed at least at 25 to 30 year amort.

I will be attending the Conference, but I don't have a lot of money to make it happen.Really stretching to make this happen.

May be a stretch, but it seems to be acceptable.Fax machines aren't expensive.

If its an out-of-area number, get a local one.As Joel says, it appears to be on a busy stretch of road.