I had an inherited tenant that expected twice a month pickup, and if payday is Friday, and you get there Monday, don't expect money: It's already gone. 

I have decided to accept a tenant before but when I called to share the good news they needed an extra week for payday and I rescinded the offer since they lied saying he had the funds ready in my required 2 days.  

Inept lender for sure.. freaked out   out of state investor But the end game was the last person who ended up getting it for free sure got a nice pay day..

If you are going to keep out anyone that has or does smoke weed recreationally in your park you should go there on a Friday night after payday around 10:30 and start knocking on doors.Take about five notices with you for violation of leases because my bet is more than half of your current tenants are lighting up already.Especially if they are not elderly tenants.Look at it this way, if you are above the age of 30 and your skills and education have you peaked out at a career that will only provide renting a trailer in the midwest you probably are not making choices like where am I going to send my children to college, is our passports up to date for our summer trip to Spain, where can I get my BMW serviced?

sounds like a no brainer to me. even if you could refi, spending $6k up front with a $200 monthly reduction in mortgage it would take you nearly 2 1/2 years to break even on the refi and on top of that you would still be negative cash flow once you consider repairs capex, ect.all that being said it sounds like you are still in a good position considering you could sell and have a nice pay day to reinvest.don't think twice, sell.and when it comes looking for another air bnb just remember you could be going through this all over again in a couple years when the new city you buy in shuts down air bnb as well. make sure the next place you buy will cash flow as a long term rental as well as a short term rental that way you won't find yourself in this bind again.

my goal is to still be alive at the end of the decade  first and foremost.. keep refining what we are doing .. open up a new market for new builds  maybe more than one.keep looking for those gems in the path of progress for the big pay days.

He ended up having to take out a payday loan just so he could buy groceries.

Of course it doesn’t matter if you go blow it all on a car and alcohol every pay day.

Nice payday for what I expected to be a learning experience!

Another one is liquor stores and title/payday loans or check cashing.