Purchase price: $80,000 Cash invested: $145,000 Turning a 3/2 into a 4/2 duplex for short term rentals.

I always told clients even when the rates were going up not to buy something on short-term thinking (i.e.

Short term rentals are legal when the host is living in the same apartment as the guests and there are no more than 2 guests staying with the host."

Our current focus is for a family lakehouse / lifestyle play here in TN but would like to work my way into commercial properties, short-term rental facilities, business acquisitions to name a few.

With this in mind, if you intend to leverage short-term debt (hard money), it's even more vital that your underwriting is thorough and that you have the correct systems in place to tackle potential issues.

Now you will have to be able to absorb the paycheck hit but it's short term. 

The most common foreclosure rescue scheme unfolds when a homeowner receives a solicitation in the mail that promises short-term financing from a 'private investor' offering to pay off a delinquent loan:The homeowner is told they can stay in their home and rent back from the 'investor'The homeowner is convinced to transfer the title of the home to the 'investor' as collateral.

I love it.Initial things to consider - Real Estate is a tangible investment versus stocks, which aren't. 

Have you looked in finding a short term property manager?

The short answer is 'no.'