If a candidate feels like this is a good fit, we'll add more from the acquisitions side to round out your training.

There is a brand new development downtown called South Main that will bring 314 new units online this spring with rents starting at ~$1,400 and amenities that include high-end finishes, a year-round pool, hot tub, community BBQ, covered gazebo, private gym, lounge, pet spa, gear workshop, and co-working space.

Effective Interest Rate: 5.375%Loan Type: Conventional Next Change: 6/1/20Payment Interest Rate Change: 12 MonthsInterest Rate Change: 12 Months 1 year usts monthly average Index Rate: 2.55%Margin: 2.75%Rounding Factor: .125%This is a huge increase in my monthly mortgage payments.

I tend to buy in the Southern half of the US for 2 reasons:1) you get much higher year-round occupancy rates in the South & it’s simply tough to earn a good ROI in the North if your place sits vacant for a big chunk of the year2) Culturally, the Southern half of the US seems to be a lot more accepting of STRs regulation-wise.

Makes for less second round do overs.

(In the real world, your exact cash to close will never be an exact round number like $7,000)

After some initial activity and one round of viewings, we've not heard anything from him at all in well over 2 months. 

But one time my banker's assistance goofed and thought it was the payment amount we wanted to be a round number, so we ended up setting the payment vs. the term. 

Would a short-term rental be a sustainable investment year-round in HRM?

Don't start moving the goalposts (i.e. by inflating the sell price or lowering the reno budget without data to support it; using 80% instead of 65-70% in the equation above to sacrifice your eventual return) in an effort to wedge a square peg through a round hole.Not every property you analyze works, and providing them with a "low" offer isn't taking advantage of them.