Hi @Brian Scott,With your low FHA rate, moving isn’t ideal, so using your current property’s equity could be a great option.

Low fees too.

A deed will not be issued for these properties until the federal redemption period ends, unless the federal agency chooses to redeem the property.

I can however purchase the house cash for $30,000 without having any title work but of course take the risk on of someone potentially claiming their stake (the odds of this seem very low).

So I think if you have 4 units or more, it doesn't make any difference whether you choose Guesty for Pro or Hostaway.

Sometimes the contractor will come in and tell you a low bid, but then once they open things up tell you you need to spend more to get it corrected because that was not in the bid.

This is bogus if buyer and seller are independent parties (if the parties are associated then I understand setting true value) as there is usually a reason for the discount purchase (risk items like unpermitted work, crazy low rents in rent controlled area, hoarder, heavy need of rehab, etc).  

I think taking advantage of low downpayments and using very high leverage is incredibly powerful it makes your return so much bigger.

We choose to rent it by the month again this winter to snowbirds!

The cherry on top is that one of the tenants is choosing not to renew as of 10/31.