Another variation that could be an opportunity to increase your rent would be to lease your townhome to someone like him to do AirBnB arbitrage - basically, he leases it from you and you let him sublet the unit for STR stays.

There are several variations on this technique.

Even if we all called that success it leaves a wide variation of results that could make that happen.Any thoughts?

With 100 years water had plenty of time to flow all around and under the house, micro streams and variations is water retention in different soils will cause uneven settling.All in all you may have a real gem that just needs some love.  

There will be variations of the terms above based on program and lender however these are the terms set by the Non-QM DSCR 1-4 unit that my company uses.Hard Money while it can be used for a purchase I would recommend more for short term lending.

My point is being creative is good, being foolish can cost you a lot of money and headaches.While I haven’t tried your idea above, I have used a variation of it.

That's effectively just a variation on the due-on-sale clause.

In fact, in some cities there are variations in regard to areas.

Hi all -I know variations of this question have been asked, but I mostly see it in relation to flips.

In most modern leases I am aware of, some variation of not allowing subleasing will exist.