It is mostly investors in and around the atlanta metro doing everything from Short TErm Rentals to househacks to longterm rentals to fix and flip. 

Purchase price: $145,000 Cash invested: $15,000 I obtained the home 9 years and am holding it for cashflow as a single family long term rental.

If it is a direct lender you are able to work to find more favorable terms because they usually determine their terms on a deal by deal basis. 

Not one lease in the entire country says a tenant can’t take the appliances when they leave, even long term leases.

Let’s say I am incorrect (which I am not) and you somehow make 10% a unit ($50/month), it is not worth the effort.  

Focusing on what you can control, like consistent effort, really sets the foundation for success.

I am interested in learning all I can about Long Term and Short Term Rentals. 

My idea to achieve this is to convert the studio into a short-term rental.I’m trying to determine if I’m forcing this deal to work by relying on the short-term rental strategy or if it’s a reasonable approach given the numbers.

@Shayan SameerThe non-paying tenant could impact your short-term cash flow, so consider the potential costs and timeline of eviction in your state.

We went back and for and have agreed upon terms verbally.