It’s a ton of verbiage to go through, so I summarized it, but basically it’s 30 or 60 days based on your situation without regards to the length of tenancy IF you are selling the property.

To summarize:1.

Granted, this rehab is our house, so we went a little further than we would for a flip.But to summarize the same things: first major delay was windows taking 8+ weeks over the buffered estimate.  

You did a good job summarizing everything. 

To summarize: this house is located in downtown Temple, which has a higher crime rate than surrounding areas, but the crime rate is still lower than the Texas average. 

Let me summarize what I hear to make sure I got it correctly:- STR has higher property management rates (25-30%) unlike 10-12% for LTR- Local policies are more dynamic for STR and what is allowed now, can be banned in the future (I saw that happening in HI when considering buying a real-estate there), should have a backup plan- STR require more management time thus if managed personally, should expect more involvement- Look at Florida and Carolina (NC?)

The article was published by The Washington Post and it highlights three important investor qualities which I summarized as thick skin, strong stomach, and knowledge.  1.Thick Skin: Beginning a real estate investing career will come with some stress and challenges that include securing reputable general contractors.

To summarize, cons are that HOAs have control and can limit rentals/increase dues etc.

I’ve heard of people spending way too much money to get 1/10th of this valuable advice you summarized into a quick read.

Here's an article that summarizes it pretty well:https://www.ovmfinancial.com/f...