I also broker ALR's in Colorado, and create deals in which I connect operators with landlords looking to lease option the properties.PM me so we can connect!

Operating as short term rental by the bedroom, grossing $3500 - 5000/mo, between $500-1000 net.

For real estate investors, that means lower operational costs for managing properties and cheaper construction expenses.

I made that mistake with a 2 bedroom condo - after 1 year, I had to shut down operations due to HOA rule violations of NO short-term rentals less than 30 days.#8 The 30 day+ rule -  Certain places Airbnb is outlawed or a softer rule is the 30day+ rule.   

My only concern to look out for is that things can go 'rural' pretty quickly if you start venturing outside of town, and most lenders are going to put the brakes on financing if the appraisal lists the property as 'rural' (has to do with what they perceive as the availability of future tenants).Watertown, NY - It probably is as good as you believe, but the lending licensing is pretty tricky up there, so its just  bit more difficult to find lenders that operate up there.

As Charlie Monger once said: our operating assumption is that the USD is going towards zero. 

Regards, ClarkI'm curious, @Zhenyang Jin, with a DSCR at 1.30x, what are you total operating expenses relative to your EGI (Rent after vacancy expenes)? 

You'll most likely still need a coborrower at first, but may be able to refi them out of the deal in a year or two once you have qualifying experience and operating history - then you can likely use all of the rental income towards your gross income. 

And all those skills you going to have to learn and master in UK to get a property under control, operate it, market it, monetize, operate etc., ALL 100% translates to anything and everything you will do when back in US. 

If you're going to go that route with listing it, do it the right way or else you may find yourself in legal trouble, or a buyer may snake the deal from you.Again, novations aren't anything new, and most experienced investors are shying away from them these days because they're operating in a legal "grey area".