I recommend you do this annually to adjust for utility increases and other variables.

Because, the lender is entitled to know what risk they are taking with their money.That being said, on seller financing, if someone gets sued and loses, the lien/judgement can be filed at the county, (it's not automatic, someone has to prepare and send the paperwork) which the bureaus will pick it up on producing a credit report.

Thanks again Jay for weighing in, appreciate your insight. get a couple in the can then you can adjust..

The lease should automatically switch to a month to month agreement after the expiration of the 1 yr. agreement.

How are you adjusting?

Some are automatic denials, some are measured on a scale of 0 - 3.

If closing gets pushed, adjust the lease start date accordingly. 

All of the rooms should have locks on them (and they shouldn't unlock unless the correct code is entered) and if one of them picks a lock to go in a vacant room, that should be automatic lease violation and eviction. 

Therefore, your request for a Type 2 STR exceeded the maximum 12.5% blockface density and the only way that staff can approve this request is for the Board of Adjustment (BOA) to grant a Special Exception for the rental.Based on this information your STR permit has been cancelled.

Enter recurring charges and automatic late fees.