We contact Chase, and Chase transfers the loan from me to Don, allowing him to keep my original terms and payments. 

Long term, short-term, etc?

I've never seen a new STR law that didn't grandfather in existing permitted short-term rentals.

@Scott Trench - have you considered investing in short term rentals, materially participating, and having the average stay be less than 7 days?

Is there a certain DTI ratio that you will usually consider acceptable for an applicant?

My lease requires professional carpet cleaning, which would cost more than $500 for a home of that size.Yes, it's reasonable to reduce the cost because she was such a long-term tenant.

I am interested in buying a long-term turnkey property in a nice area (I live in San Diego so this property would have to be out of state).

Owning a duplex at 20 is a huge accomplishment, and it’s inspiring to see you’re already planning your next move.From my perspective, real estate investing is a long-term game focused on building equity, paying down debt, and maintaining stability over chasing short-term cash flow.

I’d love to hear your thoughts on strategies to achieve breakeven or positive cash flow in the long term.

In Denver metro area, for instance, the city of Denver only allows short-term rentals in a primary residence.