One model I’m seeing investors doing is the rent by the room strategy / padsplit.IF done right, you can turn a single family home to function like a multiplex - increasing the cash flow by double, even triple oftentimes.Has to be the right property of course / layout / characteristics to minimize drama and conflict between roommates / tenants since it’s a longer stay than STR and spaces are shared but with the right set up and systems in place in can be extremely effective and super profitable.You can easily switch from STR to MTR since it’s already furnished and just make a few tweaks.I can definitely help you put some ideas together or connect you with some investors I know doing it in Jacksonville FL. 

Anyway its a work in progress but if it has the desired effect of getting some of these friends of the tenants to clean up their act it will be a success.  

One of the best ways to do this is to make a list of your priorities and what you're effectively trying to get out of this endeavor. 

So, where you are in that cycle will dramatically effect response rate.

You could have wrote your offer to not include that effectively making your offer $12,500 more net compared to other offers.Now if that seller is no longer offering that, as a unrepresented buyer what’s your pitch to the seller?

Effectively doubling my salary in just a year.

@Josh ShamoiliaWith a large loan you will have a large payment that will effect your cash flow. 

This effects our tourism and STR.

Long-Term Commitment - Policies designed for IBC do have long term commitments in their effective use and management but the reality is that policyholders can stop paying premiums much, much earlier in their life spans (5, 7, 10, 20 pay etc)6. 

Half that amount is a deductible expense.The 10% down payment is irrelevant. 0% down or 100% down - no effect on the tax, except for the amount of deductible interest.And also again, if you're doing these throughout the year, you need to make quarterly payments.