No one in the community wants to vote for that rule because they want the flexibility to rent out the unit in case anything happens.Condo's are usually against short-term rental/Airbnb's but otherwise I don't think anyone will have any issue with a year long tenant especially when they don't have a rule defined against it in the association laws.Just be mindful of your neighbors and extra cautious when you screen your tenants, which you should do anyways.

It might give some flexibility should, for some reason, you want to foreclose later....other liens to wipe out, quirks in the local laws, etc.

Regardless, once you find a solid foundation, it may create a more flexible situation for you to make your "next move".

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People get scared of going outside the norm of Conventional Mortgages, but being flexible with your financing options is what can make you a great investor.

I'm not sure how flexible they will be, but if you could cut the bills down by 1/3 or even better by 1/2, that would help you get them paid off much faster.  

I'm seeking the best terms possible on my first loans and then seeking the most flexible lender's to round out my financed piece of my residential portfolio.

I’ve read a lot about being cautious in a partnership but I like the flexibility and it seems like a great way to accelerate growth by collaborating with others.

Good Saturday morning to everyone...I have been listening to the podcast and lurking around the site for a few months now...I am an Army veteran, my wife is currently in the Navy..I have my BS in Accounting and am working towards becoming a CPA...Real estate has always be of interest to me, however coming from a family that has never owned anything, I didn't know where to begin...BP has opened my eyes to the fact being that real estate investing is possible for us...I am a sponge right now wanting to learn any and everything...My schedule is flexible, therefore if any investors or anyone in the box would like to have a person that can do some running around for you here and there in the North San Diego County area, hit me up 

@Ian Wash do you mean PropertyWare is more flexible, expandable, cusomizable vs.