These types of letters should bind successors and assigns and run with the land.

There are some smaller home-office type lenders that will, but that is usually very expensive capital. 

There are several types of fees on Airbnb specifically: -Airbnb service fee, cleaning fee, extra guest fee, pet fee, security deposit, VAT (if applicable), and local taxes. 

With that, I’ll be the first to admit that Excel really is not designed for this type of stuff.

Investing in markets or asset types with stronger appreciation potential but with less day-to-day management may be a smarter long-term move, particularly if your goal is financial freedom and less active involvement.In summary, pulling out $500,000 from equity could be a smart play, especially if you're focused on long-term appreciation.

First, I type in the zipcode to look up the rental statistics on zillow.

What made you interested in investing in this type of deal?

Are these type of little to no doc products getting more common again?

@Nicholas L.Thank you for the helpful advice, in your opinion what type of repairs/work would be considered major rehabbing? 

Purchase price: $150,000 Cash invested: $150,000 Rental of duplex What made you interested in investing in this type of deal?