The illegal in-law units/ADUs are somewhat common in the Bay Area - many people with paid off properties are collecting under the table rent money without reporting it to the IRS.

For simplicity, I did not include closing costs or loan points in the purchase price numbers, but did include a fee of 10% of the sale price to cover closing costs, commissions, and minor repairs.ModelsBelow are two tables showing the IRR for the traditional rental, using a 20% down payment, and the BRRRR models using a 75% LTV loan.

I have never been to any of the properties I own in Atlanta and closed on all of them from my dining room table in Long Island.

Because of this, retriggering of the 1 year time table to complete the property to 75% of the value.

It'll take some time before they come back to the table. 

Major economic downturns, such as the Great Depression and the 2008 Financial Crisis, occurred under both parties and were driven by factors unrelated to the party in office.The following table shows the DJIA's performance during each presidential administration.

FACT: Borrower asks lender a “favor” to increase their payoff as a way to get hundreds of thousands extra back but NOT given back at closing on HUD, rather under the table directly from lender to borrowers after lender received the inflated payoff.Is this in fact considered Mortgage Fraud?

Yeah, but that is leaving a lot of money on the table.

@Andrew Freed is a good person to get in touch with about that as he is a MA multifamily investor who does a lot of meetups.STR is a tough way to start right now because in most markets the table stakes to be competitive are very high.

Soon, there will be a ton of posts below from agents in Columbus and Cleveland to "help" you, but you already know where you want to be.I wouldn't be thinking STR for Ohio unless you are doing woodsy, which can work, but the table stakes are high on those (swimming holes, saunas, game rooms, hot tubs).