You could form a month to month lease with a just a days notice to vacate so you could end it as soon as you get your license ready to close, the seller might be open to it.https://www.hostaway.com/blog/rental-arbitrage-joshua-tree/Or, you could continue to list on the seller's Airbnb and you could become a full-access co-host on their account - handle all communication, pricing, etc.

Once that amount is reached, then continue setting aside cash for the next investment purchase. 

Don't be afraid to go low Sunday through Thursday to get some activlty.We use Pricelabs, but only as a tool; I have to override it continuously.

That seems like a more realistic result than just “talking to the bank” and having them agree to let the arrangement continue.

All you have to do is look at the better business bureau complaints and the continuous instances of predatory billing practices to know how much they care about their customers.The 5 star reviews are a sham.

For instance, if he paid $40,000 to buy a house and sold it for $80,000 with $10,000 down, he could keep $10,000 in reserve  and tap into it to hire attorney, file eviction case , remove defaulting buyer/tenant and continue paying off investor loan (if he used PML to buy that house) while looking for the next buyer to sell it.

Then Q3 & Q4 are a little less diligent about keeping track in the moment and I have to go investigate and dig for receipts come tax time, haha

It’s a market with its own set of challenges, but it’s also packed with opportunities if you understand the nuances.Happy to help if anyone here has questions about Detroit investing or wants to explore what’s possible in the market.Looking forward to continuing our conversation, Mattin!

@Alan Asriants I continue to BRRR year in and year out.  

Even as my portfolio grew exponentially, my work/life balance continued to improve.