We are talking about two different animals---you are referrring to LTV based lending and I'm speaking of ARV based lending...They do exist in the forms I suggested...Regards,Scott MillerOriginally posted by "Maccius":I've never heard of anyone doing that but I'm not in the mortgage business.

It's a different animal both from the agents side and from the mortgage side.

Party animal?

I think what you may be trying to get at is that the animal would be a "service animal".

Questions about emotional support animals, breaking leases, contractor repair issues, non payment of rent, lease review, 1031 exchanges, etc. 

So far they have paid and haven't caused any additioonal problems, so....That's why you need to write into your lease what constitutes a guest and an occupant, as well as no animals are allowed in the premises at anytime whether owned by the occupant or not.

The property has to be 3 acres or more, dedicated to growing timber or agriculture crops or animals.

Often peopel are not aware of animal smells.

I hate to state the obvious but SFR's and rentals are 2 different animals with 2 different end buyers.Mixing the 2 when it comes to wholesaling is like mixing apples and oranges...no?

I had a tenant tell me they only wanted to pay 600 a month when rent is 850.They said they will move.I said that is fine with me.250 times 12 is 3,000 a year in lost market rent.So if I took a tenant at 600 times 12 is 7,200.Instead I have a tenant at 850 times 12 is 10,200.So I can have it vacant for almost 4 months and be at the same point.Plus the past tenant has a judgment and I will have a company garnishing their wages for me.Another item to consider is the cost to get it re-rented.If the tenant has lived there a long time then fix up costs will be high compared to a newer tenant you have to get out unless they had animals,smoked,etc.Once you file eviction on the tenants most likely they will not pay anything as they are saving to move and go somewhere else.The down side of a vacant unit is vandalism and crime,more maintenance,and worrying about busted pipes etc.Hope it helps.