His Screening parameters were not as restrictive. do you need to adjust your screening parameters?

Hey @Katie Casper, check each municipality for the regs.There have been a lot of restrictions put in place depending on the area.There have been some lawsuits flying around in Conway so do your diligence.Bartlett is hard to read, but there are a ton of folks working to ban STRs in the area.

Quote from @AJ WongWong: HI James, coincidentally just wrapped a convo with a community member about the exact strategy (and oddly location!).

It just doesn't strike me as that odd or out of pocket that an older, single mother of a disabled son can't afford 1500$ in rent.

If she means October's rent, then you will prorate it for the number of days she's there, but she must pay up front.She was given instructions on what to do when it was only restricted to one small piece of furniture and when there was no evidence of it anywhere but on those two pieces of furniture and I'm guessing she didn't do anything AND she kept the furniture with the mold on it allowing it to spread.

Some areas may have restrictions that could complicate things, particularly around who can provide alcohol and to whom.If wine isn't an option, you could consider alternatives that are still local and personal, like a handcrafted bottle of olive oil from a local farm or even a basket of locally sourced snacks.

If you don't have the vision to have MANY airbnbs in Champaign I'd suggest figuring out a strategy you have a long term big vision.Pros:  High cash flow (if done right), typically properties are oddly better-taken care of, sexyCons:  Management/system intensive, always on call, regulation can change things instantly  

I thought this was really odd considering that we were simply looking at 1-4 unit properties to purchase in Cleveland and I found it hard to believe that with a whole team of agents, they were unable to help us purchase some property. 

It's odd really, the prices go from as low as $1700 for an apartment up to $2300 for a SFH or ADU.

There is no origination listed, which is odd for a DSCR loan...I would double-check that that's not something they'll sneak in there later.