The research shows people that owned homes are not wanting to sell due to rates in the 3s so they're "repurposing" them into STRs so there is increased supply for sure. 

If you enough equity on the property, then you should be able to:a) Get the mortgage refinanced and do a cash-out, although, you may lose the rate that you currently have on it, but if the money is to be repurpose for something else that makes money, maybe it won't be so bad since techinally your tenant is paying you to pay the mortgage. b) Contact Signature FCU.

I always wanted to rich and famous, but happy to settle for just famous ;)And btw, I also recommend the Brueggeman and Fisher book to my students -- pretty much the classic r.e. finance text--Frank

The conversions and repurposing of these old hotels, I think is a terrific idea and wish more were being done in areas where affordable housing is sorely needed.

Compromise means it will most likely pass and they are trying to mitigate the damage.I read all the comments in the Summit Daily post and it is a classic discussion.

Responding to the above cliffnotes version of your post.Renter is Parking -- a classic convertible under a storage cover / running or not it's parked there.I am not seeing an exceptional amount of (junk) or a hoarder situation here.It may look unpretty, but it seems typical of what a storage unit would hold.If the lease were current I'd say you are being too pickey, and will cause a move out by trying to micro manage a non-problem just because you don't like the way it looks to your eye.One parking space leased, one parking space being used.And that car under the cover, might be worth more than yours and your grandparents cars combined.Some of those old classics have quite a price point.Just my 2 Cents.https://www.youtube.com/watch?

That would make a beautiful SFH for someone who wants a classic vanity type house.I see you sold it at a profit--good job.

As I have started running numbers, I have found that I am stuck in the classic analysis paralysis more than I thought...

Classic professional tenant behavior.

Classic wood stained cabinets will always have a place in real estate.