Mid-Stay Rentals (MTR) offer steady money with leases from 1 to 6 months but with okay cash chances and strict rules.

So desirable in fact that an agent fro Ryan Serhant's office personally flew down to check it out and make an offer.

It offers more flexibility and you're only paying back what you use.Another alternative would be a business line of credit.

This offers no additional protection, adds additional operating expenses and  is treated in court as an alter ego entity.

Good news - most of these all function the same and offer about the same the features, except for OR.

Few other things to consider: is this a triple net lease or is the 10% cap offered based on the Tenant's last years expenses (at least the ones they are showing).

Getting advice from a real estate expert or contractor can offer valuable tips and direction.

@Robert RuschakNot an attorney but I asked mine out of curiosity and “it depends”If for example the price was supposed to be $500k and marketing, advertising and discussions were based on this and the contract accidentally listed $400k, you will most likely not get it for that amount - of course it also depends on the state etc.This is a lot different than you offering $5400k, them accepting the offer then the contract was written at $400k and they come back and are like oops.

You can offer them cash or different terms to vacate if you wish, but they don't need to oblige.

We can pivot to seasonal or MTR (and I've had previous offers for LTR).