Plus, we can do math! 

I did not factor the math in as a LTR + STR but just a LTR so it did not impact me financially as it was just gravy.That is not to say yours will, but I notice in the better neighborhoods tenants do not want guests coming in & out.

@Ted BarrettIt's not really a rule but a napkin math theory to estimate if an investment is "good" from the twenty teens.

I recommend a simple spreadsheet to check your math and it will make it simple to adjust each year.End the complaints.

The original posters / plaintiffs now go silent on social media but the secondary investors still believe the original posts and simply repeat it continually in an effort to convince themselves that the money they should have never invested because they couldn’t afford to lose is going to be recovered in short order.Of course this is just fantasy on my part, I have no way of knowing how much of it, if any is true.  

Rate were low, prices were cheaper and it was a great way to use a secondary home loan to buy a rental, long term or short term, especially in the phoenix / scottsdale  / az market.

I’m still kicking the tires on AIO but I’m not sure the math works unless a borrower is betting on rates.

If you can do some math on the potential rent increases post-renovation, that’ll help justify your offer.Don’t shy away from feedback; it’s how we all grow.

Do the math.

Quick math would let you know if this is better for you long term once you turn this property into a rental for the FHA rate + PMI vs a conventional loan with a higher rate.