What also is interesting is that over the past few year I get yellow letters only once a quarter but from the same guys.

I would just take into account that a lower down payment will mean a higher monthly payment so be sure to run the numbers conservatively in order to ensure your STR revenue is able to carry your monthly payment with this higher mortgage cost. 

But they'll also get the stop up costs basis too.Well if you aren’t selling anything then you won’t need to worry about depreciation recapture.Yes, whatever you don’t use gets carried forward.

Your general contractor must carry general liability insurance.

I would shoot him a text and follow up with a letter through the mail to be 100% sure if I was concerned.

A D class neighborhood will carry a stigma with local residents.

They will also often carry very expensive interest rates and have other fees tacked on.

If I am all in on the property for 360k (purchase and some finishing construction as well as carry costs) and the home is valued at 450k or more (based on what im told by agents as well as my own analysis while staying conservative), that is 20%+ equity I believe, unless I am missing something.

I’ve been down that road of carrying a line of credit on a property before, and the stress can realy pile on when you’re staring at that monthly interest.

For example, if the property you are buying is a development property, like a small house with a large lot in a developing area, then a small negative cash flow could be okay if you can carry it.