I just closed an off-market 8 plex for a client.

Quote from @Frank Pyle: My client recently purchased a home with a hard money loan and have successfully rehabbed it for use as an Airbnb rental.

I will keep you in mind for any clients or myself! 

I'm happy to connect you with the lenders our clients work with for this strategy in the Austin area.

One of my clients had a $1M deal under contract where they needed to do a $300k raise. 

Like you, when I'm working with clients I highlight the key advantages of the conventional rehab loans (Fannie Mae's Homestyle and Freddie Mac's CHOICERenovation) are:- They can be used for investment properties- You can include luxury items- They have a higher limit – $806,500 in most places.Jeff

To avoid unnecessary liabilities, delaying acceptance or exploring a cash alternative may be the safest financial option.This post does not create a CPA-Client relationship.

@Van Lam I had a client just run into this recently.  

And, even if he has real estate clients, doing a tax return doesn't really educate one.

@Andrew Slezak we're pretty aggressive about rent increases for our clients, but some of them won't approve us to pursue.So, don't automatically blame the PMC!