They now see you as a weak landlord and will walk all over you every chance they get.Please don't make another mistake by housing them for a renovation and then handing them keys to a renovated rental.

The purpose of this test is to ensure that the property generates enough rental income to cover the property's mortgage payment, including principal, interest, taxes, insurance, and homeowners association dues (if applicable).Key Points of the FHA Self-Sufficiency Test:Applicable Properties: The self-sufficiency test applies only to 3- or 4-unit properties being purchased or refinanced with an FHA loan.

The median single family home in Montgomery costs $458,000, which is a 7.13% increase from last month but a 6.77%increase year over year. Interest Rates have dropped slightly and are currently sitting at 6.49% on aver...

Tim Gordon  I had a client in MS.. that got fined for this.. as well. he had big website selling turn key and taking fees on the HUD...

Hi BiggerPockets Investors,Here are three key tips to consider when buying a short-term rental in the Poconos:Bedroom Count:  What size home are you curious about purchasing? 

I think the key person to notify would be the seller (or the seller's agent).

Please be patient with me.

Have your standard Home/Hazard insurance on the property and your personnal "umbrella" policy for liability.The company itself will be required to maintain their own insurance and each patient/resident under their care will sign a contract with that company, not with you as the property owner.I have a 5 br home in Oahu, HI leased out for the next 3 years to a residential assisted living facility above FMV rent.Biggest thing is making sure that the company does THEIR DUE DILIGENCE in pulling the permits and making any changes to the home in order to comply with the state regulations.

I recommend they have 10+ years experience, work in real estate full-time, own rentals, and work with investors.I personally think a good PM is key.

Tenant left the key in the lock box and the contractor, a handyman, took care of repairs.