I’m considering hiring a lawyer to try and recover the cost of the repairs and potentially my extended holding costs.

Anyone have insight on these being better markets for traditional long term rentals vs. 30 day minimum extended stays / MTRs?

I had to extend the loan once and completed the entire thing in just under 2 years while working full time.

Then you can use content tools and SEO tools from carrot to extend your website into new markets. 

Nothing says value, like being able to go on an extended vacation knowing that rent will be paid on time and any problem that comes up will be fixed! 

You will subject to the lending market at the time near to the balloon expiration.I would negotiate for the recurring option to extend the loan an additional year at the cost of a 0.75% rate increase.

Best case scenario, you can extend the timeline and close on it with a HML.  

The fire codes are obviously different in our states but if I were to build a fire escape coming off the third floor It would need to extend 10 feet past those windows before descending if those windows aren’t fire rated.

Here’s where it gets wild: right before the holidays, we not only closed on the house but also helped her move into an extended stay hotel.

A significant challenge with the BRRRR method is the rising rates and extended seasoning periods for cash-outs.