Some attorneys this question was very normal, had a system and prepared, others weren't and said "I need to ask the attorney"I am simply asking; "I am inquiring about property XX if it is still active in foreclosure"Is this safe to ask?

Now as a Banker I understand you will have a shorter pay off but you also have to take into consideration market declines.If the market declines in any way or if your area suddenly gets hit with a higher than normal foreclosure/short sale values can drop.

I have a unique opportunity to take a family owned property that normally just sits and turn it into an STR.  

The process is underwritten in the same way that a normal mortgage would be. 

Ultimately, the only rental that went to a visiting nurse was for 2 months at half what I normally charge.

However, I get people asking for a monthly rental all the time, so we offer it with a 25% increase to the normal rent.

What are the normal loan terms for a 12-unit if it's not 30 years conventional nor DSCR?

I think it will get up above 6 months soon and may rise even further towards the end of the year pushing us into buyer market territory where prices fall.There are more available rentals on the market than there would normally be at this time of year.

Pictures to me just look like a normal nice house someone would live in - not a fun vacation spot with a theme. 

Turnovers are typically your largest normal expense.Does your lease charge them a late fee?