So, those who have been hit with there financing adjusting to triple and quadruple the money cost, slingshotted from life in the green to being deep in the red.

You can make price adjustments to get a more exact value.

We will be speed networking. 

It's crucial to evaluate how the deal performs with the new mortgage:Updated Financials After Refinancing: Market Value: $459,000 Mortgage Amount (80% LTV): $367,200 Equity: $91,800 Interest Rate: 5% (30-Year Amortization) Assuming after 12months the rate will drop to 5%Monthly Expenses: Mortgage Payment (5% Interest): $1,971 (Now you are paying interest and principals) Property Tax: $260 (assuming has been increased with a 4% from last year) Utilities: $361 Insurance: $104 (+4% Adjustment) Vacancy: $166 (now after 12 months we can assume we have some vacancy at 5% factor on annual rent) Repairs & Maintenance: $166 (now after 12 months we can assume we have repairs at 5% factor on annual rent) Total Monthly Expenses: $3,028Rent Income after 12 months assuming annual rent increase at 5% : $3,323Cash Flow: $295$ per month 😊Long-Term Gains: $5,418 Principal Paydown year 2 (this will increase each as you pay off your mortgage $36,720 Property Appreciation (assuming 8% per year) $3,540 Cash Flow (this will increase as rents rise)Total Annual Return on Investment: $45,678 with just $ $22,789 remaining in the deal.

I was hoping I would not have to go that route, but have already brought my attorney up to speed.

I have an Airbnb and an insurance adjuster who wants to book the place off Airbnb for two months.

I know if they lose their job, they will notify the housing authority and then the housing authority will adjust accordingly and pay all the rent.Like I said there is plenty of info right here on BP about how/why to rent to tenants on Setion 8, and this was before Covid.I have rentals in Contra Costa County and Alameda County and for years have only placed Section 8 tenants in those rentals because I know how tenants can abuse the system in a tenant friendly area.

Offering incentives like one month free or waiving fees might also help speed things up.I'd be happy to connect and share more! 

I MOVE AT THE SPEED OF LIGHT AND PEOPLE ARE MORE LAID BACK IN OHIO.

They approved work before the adjuster seen in with not documents or approval from me.