I don't know how long it can last though as it is the sort of channel that once to many people start doing the whole channel will become ineffective.

I.e. what if one doesn't get along with the other-Any benefits to trying to officially convert it to a duplex with the city if it is zoned to allow MF?

Like for most others, this is part of the contribution bucket of my life and, by answering in the forum, I can help multiple readers at the same time.Unfortunately, that limits the time I have to give free advice through other channels but I've done it multiple times when I could.

However, if they do, they are likely just 'okay' with it and would likely leverage the 10-07 market rent analysis on the appraisal to actually calculate and determine the official DSCR during Underwriting.Hope that helps, if you do have a tenant who is willing to be flexible, the 12 month is always the safest bet.

This is a normal procedure and the business type does not officially matter for this strategy.  

I just need help to channel it in the right direction.

I watched the 3:28:27 YouTube video "How to start an AirBnB business the ultimate free course" Rob posted on his channel Robuit and now feel equipped with everything I need to start my 1st STR.

Try to get tenant B to sign the lease before he gets the keys from tenant A, and try to do another quick inspection before tenant B officially moves in, which becomes the move in condition report. 

I never give any credence to these things because, while it’s interesting to see where the politician’s heads are at, these things have 0% chance of ever becoming official policy or law, ESPECIALLY in this divided political climate.

I'm taking an official M2M lease, Yearly renewal lease and a 30 days' notice for rent increase.