Traditionally, DSCR loans that allowed STR have always wanted DSCR to be calculated on long term rental rates OR 12 months of actual performance or some heavily hair cutted version of Air DNA and all of these products would price gauge on rate.

The Buyer's Corner case, in Northern Kentucky, and the Reifert case, in Madison, were appealed, and the decision of the District Court in favor of the Realtor® association and MLS was affirmed in both.8 The plaintiff in the Prencipe case in Spokane chose not to appeal that adverse decision to the Federal Circuit Court of Appeal.11.

Normal remodel stuff.Only major thing was the HVAC ductwork was full of cat hair and the piss smell was atrocious when you ran the heat or A.C.

The monthly rent would still cover the loan payment but only by a hair. 

So while I lost a ton of rent in many months of vacancy (and maybe some hair) it almost evens out, and I have a brand new unit to rent out, and increased equity.

Plus proof that you delivered the Pay or Quit (either registered mail or you will affirm under oath that you delivered it - check your particular statutes for how to do it).

It used to be a fitness center/ hair salon but it has been years since they have used the building.

Is it correct to say that there is basically no affirmative "approval" received when doing a 1031; there is really only a disapproval of one in the form of a failed audit.  

If you're getting a tour from a sketchy guy from a local, regional brokerage wearing a ketchup stained Tommy Bahama polo with two day old facial hair shadow, hold on to your wallet.Verbal agreements mean less than nothing to me.

If I need that kind of drama, I can ask my wife if something is amiss with her hair.