PM agreement is for 2 years and automatically renews if you don't cancel.SI homes seem to be built ok.

Your town may have just undergone a comprehensive reevaluation which adjusts the property values of the whole town.

I have financed a number of STR properties and they will usually be appraised as a pure real estate as vacant value and a cash flow adjusted commercial value, sometime separated as going concern and real property.  

Late fees are automatically applied after the grace period but a tenant can make a full or partial payment any time.

Time allows for adjustments, scaling, and reinvestment in ways that short-term projects simply can’t achieve. 

I understand that the average household net-adjusted disposable income per capita is USD 20 519 a year.

So for the Comps you make to arrive at your ARV something that jumped out at me was the adjustments.

The moisture issue and structural issue need to be addressed and you can do so before the insurance adjuster comes out.

The bank also commits insurance fraud when it collects on the default swaps, not to mention the free properties through fraudulent foreclosures, which automatically violates their REMIC status.

However, if you bought it and managed it as a market rate apartment, your experience would be very different.My point is, I can control how fast a unit turns simply by adjusting my asking rents.