Suggest you get your game plan in place first then go forward once you have the goal in sight.

It was a big project in terms of the amount of work it needed, I just ran out of time with my lender going through the garbage with the contractor, finding a new one, and finishing taking the longest. other than that I would've let it sit on the market to get closer to what I actually wanted for the property.

That’s a lot to ask for guests that are only going to be there a short time.

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As an agent I often times refer to emotional appeal as a large factor on what drives purchase price. 

Investors who take the time to define their ideal guest make smarter design and amenity investments—which can directly impact ROI by up to 53%.👉🏾 Which guest type best fits your STR?

The first factor to consider is Proposition 19, which will trigger a reassessment of property taxes if the home is transferred to either of your father-in-law’s daughters.

My worry is that since he has built a 16 year track record of always paying his pref and returning capital on time, that he is now overleveraging.Does anyone share this concern?

However, there’s a due-on-sale clause risk, so proceed carefully.A lease option (rent-to-own) could also work if you need time to qualify for a mortgage later.

This gave me time to get the house super clean and rekeyed before handing over the key to the new tenant.