Keep it straightforward at first, but know that experience is the best teacher—mistakes are part of the process and will help you learn.For ARV (After Repair Value), start by running comps (comparable sales) on recently sold properties in the area that are similar in size, style, and condition to your planned rehab.

Long story short, I am in a bad financial condition as of recently.

I paid cash-for-keys to get her out; she was supposed to leave the property in "broom clean" condition at the walk-through.

It can be tough to make money with high leverage, especially if market conditions change.

They are not allowed in certain master planned communities.Summerlin, including Sun City Summerlin▪ Town Center▪ Skye Canyon▪ Cliff’s Edge▪ Symphony Park▪ Grand Canyon Village▪ Las Vegas Medical District▪ Providence SquareAnd these restrictions I find would be the most difficult for you to overcome - A short-term rental license does not provide authority to violate any common-interest community’s covenants,conditions and restrictions (CC&Rs).

Risk is minimized due to the amount of rents, property condition, property price, and location.

I’ve purchased rehab homes on Long Island that were cheap for the time due to the area or condition of the home.

That alone could ruin the outlook for you, so just make real sure of the physical condition of the property.

In Canada you can typically prepay whenever you wish and, provided you do not exceed the annual "prepayment limit" under the conditions of the note, you will suffer no penalty.

Given current market conditions for sale and improving demographics, syndicator is planning on holding longer than anticipated.