Hard to squeeze and extra fees out of tenants for if they don't mow lawn etc.

There was tons of extra paperwork to fill out but my Realtor and Lender made the process easy!

Hi Everyone, looking to connect with folks who run STRs in the Hamptons (Long Island New York).I have a couple and would love to chat!

Hello BP Folks!

It may cost more but the headaches it saves is more than worth the extra cost.

That being said, I don't think the bank is going to be sending folks to peep through your window to confirm you live there... but you obviously still shouldn't do anything misleading, hypothetical or not :) If you have utilities or some bills in your name headed to that address, that would adequately show a proof of residence to some capacity. 

As you earn seniority you picking up extra legs to fly would provide more per hour of your time vs STR.

This was not like taking out a regular mortgage, There were all sorts of hoops to jump through and tons of extra paperwork to fill out but my Realtor and Lender made the process easy!

Motil has a pretty impressive resume' I can see where folks would lend to him  ..

As you age out most folks start to pay down debt and want their properties free and clear.