Offering 50% of the cleaning fee for cancellations within 48 hours seems like a fair middle ground.You might want to set up a clear policy with her going forward so everyone’s on the same page for situations like this.

Additionally, I split my time living between Spain and the Netherlands, giving me a fairly broad perspective on both countries.

Perhaps you could even get your new property rented out at a rate that would pay your heloc bill, at interest-only payments that should be fairly easy.

Hi @Helena Goyvaerts,Investing in the US from a different country is fairly similar to investing as a US citizen, but there are a few differences and a few things to keep in mind.1.

Then again this would also mean that I'd need to build a small team, and I'd need everyone to perform whereas they're bringing it all in one.Another big thing here is the risk - as I said above I have a fairly pessimistic view about the economy in the next couple of years..

I have several Section 8 tenants myself here in Columbus, and overall, it's been a fairly easy process.

I also have ~$20k that I've resigned for the scripted "mishap" that always comes up after purchase...lolI've read a number of other threads and I've seen a fair amount of talk about Ohio.

My experience has been that purchase transactions where the buyer has no or little skin on the game have a default rate many times that of buyers who place a significant down payment into the deal.  

They determine this based on a % of Fair Market Rent (FMR).

I'm fairly new to investing and looking to wholesale at first, then develop a portfolio of rental properties in apartments, SFH or both.