You cannot rent out an entire home/apartment for fewer than 30 days.Your STR must be registered with the Office of Special Enforcement.

ThanksBrett, we do flips and rehabs and have several lenders in the area that specialize in ARV "style" loans.

I know many property managers that no longer use Rhino because they refuse to pay out.The other option is a surety bond.

-- solid strategy as well, if you go this route I would consider investing with an operator that specializes in this asset class.

By 2030, we want to have grown a portfolio of over 100 units, created a property management company that manages an additional 100-200 units, and, finally (and most importantly), we will have established a non-profit that is focused on quality, affordable housing that specializes in providing housing and resources at/on the "services cliff" alongside financial counseling and first-time home buyer education in our target area.Our target area is the Springfield, MA and Hartford, CT areas with dreams to expand to Central Massachusetts (Worcester, MA), Southern New Hampshire (Nashua, NH), and Southern Connecticut (New Haven, CT).Would love to meet up with likeminded individuals in our area!

I’d recommend shopping around with different DSCR lenders and considering lenders who specialize in investment properties for more flexible terms and options.Good luck with your investing journey!

The five year swap, ten year bond, and two year swap have all gone up dramatically because of the actions of the federal reserve. 

@Bo Bond- That's great info. 

If you want to put the deposit in a out of state/online bank, then you will have to furnish a bond.  

If you’re open to it, I’d be thrilled to buy you a coffee and hear your story.Whether you specialize in residential, commercial, wholesaling, or anything in between, your insights would mean a lot to me as I navigate this journey.Please feel free to reply here or shoot me a message if you’re interested.