This means the homeowner must reside on site during the guests’ entire stay.

We know this because we stopped and asked the those tenants questions about rent, time of stay etc.

These situations are tough, but staying organized and pushing the process forward yourself will make a world of difference.

The homeowner's policy requires us to rent it for a minimum of 30 days and stay in it a minimum 1 night/year which should not be a problem.Both of these are a fraction of the ridiculous quote I got from Proper and much less than Steadily's quote so I am planning to go with State Farm.

There's also the benefit of staying more hands-on with your property.

BRRRR:Flip: Yields a potential profit of $55-60k after capital gains, assuming rehab stays within budget.

PS: Looking to stay local.

Election year has masked some real dirt, but not sure how long that stays in the ground.

I target C+ class hoods that seem to have tenants that stay much longer so my turnovers are almost zero.

Close fast, stay in comfortable LTV positions is the name of the game.