Or, the population swells and contracts rapidly with the season as in south Florida where rentals tend to seasonal.• A location where annual maintenance costs are reasonable.

What the city has a problem with is an investor purchasing the property renting out the main house and also doing a short term rental in the onsite cottage or other swelling.

@Troy S. Well

Make sure the property has a strong rental history or is in a strong rental area.There's a lot of small and large investors dumping properties, wanting to get out of the industry and stop the bleeding....lol.

If I do 80/15/5, I will deplete ~ $400 every month, but I'll have over 100k usable cash.I'm not sure whether to make big down payment to minimize the monthly cash bleeding or keep the cash as much as I can in the bank for 3rd house.

What're the typical criteria for portfolio lenders to lend to an LLC for the first property and what are the typical terms they would extendI obviously want to ensure I'm able to refi out and stop the bleeding from the hard money loan.Thank you for your help,

So the reason I am so happy with this one, or both of these, is because my team helped stop the bleeding.  

OK appears to have stopped the bleeding.

Are you a private lender looking to make your IRA swell or make your bank account explode?!  

The timing of the sale can be an influence too but you can't/shouldn't wait until June to find a buyer.You should make a significant price cut to get this sold and stop the bleeding.