The seller is out of state and even visited the project a few times to check on the progress which I think helped him feel good about the whole deal as well. technology made the whole process a lot easier in the interim.

I like Texas for the economic outlook and less natural disasters but I may be biased!

If there is any kind of damage to the house because of a natural cause if you approach the insurance company without a landlord's insurance they will outright deny your claim.If you have a mortgage the bank will insist that you have landlord insuranceTenant has renter's insurance.

Its a slow learning process if you havent been in the lending, investing or real estate world before.

They do this on purpose so new people get tripped up in the process and quit.

Mortgage recasting, also known as re-amortization, is a process that allows homeowners to lower their monthly mortgage payments by applying a lump sum toward their principal balance.

Our process:1.

Find out if you can not renew their lease and what the process is. 

How does the Airbnb licensing process work in your area?

I’m in the process of purchasing a second home in Aspen, CO, which will also serve as my first STR property.