Can they prove how long it takes to rent a vacant property?

I always look at the exit strategy for the property to determine which kind of Creative Finance I would use.

Another thing to add is the regulations, HOAs and Cities are imposing a lot of regulation on short-term rentals or rent by a room, I have seen some HOAs regulate the amount of people authorized to rent the property too.It requires to do a lot of due dilligence to begin with mainly in such big house. 

With the cash-out refinance, the new loan would be approximately $1.2M.I plan to invest the $600K into rental properties with a hopeful average cap rate of 10%,… the goal of covering the mortgage payments on the $1.2M loan as well as the expenses for the rental properties.Does this approach seem feasible?

Property has three commercial fronts and 3 apartments.

From owning this property, I have learned so much and overall it has been a great experience!

We are working on getting a new insurance policy for one of our properties. small 3 unit property on the Oregon Coast.

Unless you are getting a heck of a deal I would recommend avoiding a foundation issue property until you have a team of contractors that you can count on and can find out what the repairs would run. 

Your hard work is about to pay off, and it’s time to get your property on the market.Congrats on a job well done!

Hi Lindsey,My name is Paul, I's m looking to do some rehab properties in the Dayton Ohio area as well!