They loved it because they got some play money right away and steady income each month without having to deal with toilets and tenants.

And because there are so many, demand is ultra low, except in the busiest of months.  

Conventional loans will require 12 months seasoning for cash out and are usually capped at 75% LTV 2.

After 6 months of non-payment, we were able to perform an eviction for this tenant.

Their lease is 6 month term with a same rate month to month however, their insurance states the rebuild of their home and fire investigation efforts are going to take 12-18 months. 

•Outdoor Storage: Dedicated bike storage, EV charging, and a bike tire pump were game-changers for attracting adventure travelers.

In either case, the longer a property remains on the market, the more motivated the seller often becomes to offload it.Savvy buyers understand this and often target properties that have been listed for three months or more.

  $950 rent x 12 months = $11k annual rent

I think we just found our next talking point in this month's OKC meetup! 

This worked out to just under 4 months of available listing inventory in both the greater metro and the city itself.