Monthly payment is 1900 with a 6.5 rate and would rent for 2500.posted in another group but realized it was the wrong one Hi Keith, Refinancing from an owner occupied loan to a non-owner occupied DSCR loan is tricky.

Thanks @Bill Snyder.

The bill for a roof on a $60,000 house is the same as a $500,000 house, however, the % of Revenue on each are vastly different. 

Quote from @Bill B.: I was told by my PM at a recent move out it was now considered normal wear and tear and you couldn’t charge for it. 

Just to present an alternative point of view regarding California residents investing in STRs, I'd say the gambit still works and works well.For one thing, you still get to use the Section 263(a) tangible property regulations' de minimis rules, which probably mean you can immediately expense most of the furniture and fixtures in your STR.For another thing, while for your California return you won't be able to use bonus or accelerated depreciation for the personal property, you will still use shorter 5-year and 7-year lives for maybe 25% of the improvements.But the big thing: The federal tax bill is far, far bigger.

Seems like these people want what these Agents provided but don't wanna pay the bill lol.

It’s been 3 months since I made the deposit .

Been on there about 6 months, not one single booking. 

You can just add the gas and water bill on top of the rent. 

File bankruptcy which buys you atleast six months, restructures your mortgage and credit card debts into something that you could probably afford?