Feels like extending my umbrella policy to cover the S/MTR would be a good idea.

You could invest in a property and then within a brief period get hit with a ton of regulations after the local government decides to address their STR policies.

However, the "statement of cash flows" report within QBO combines balance sheet accounts with data from the profit & loss to show cash flow (aka what happened to cash over the period).And, an easier way to allocate monthly loan/mortgage payments is to split the transactions directly from the QBO bank feed rather than create journal entries.

He did eventually have them reinstated by the state of Texas.Any attorney doing discovery during that period should know the ramifications.

The profitability of the investment may also be increased by arranging for a balloon payment, extending the repayment time, or negotiating a reduced interest rate.Thirdly, consider the advantages of purchasing the property using seller financing in the long run.

So, assuming the store front could remain empty for long periods of time without the mortgage being in jeopardy, where is the risk that would be keeping lenders away from it?

Also almost everything we bid on sells for cash and no option period. 

The borowwer would have to tell you either thier period of service of thier beginning entitlement.

You should line through the dollar amount so it reads like this:"...Tenant shall pay a late fee of $0 or 5% of the periodic rent."

With new law I feel there are flaws with our lease structure with the 30 day renewal period.