It's way easier to relate to you and help you out if we can see your smiling face. - Second, give us a couple of sentences about yourself.

I plan to put two duplexes on the property but with this high appraisal is there a smarter thing to do to pull that money out of it or just use it for better collateral for the construction loan most banks will lend on the transfer price within a seasoning period. we face the same issues for land entitlement and development.

@Tiffany Da SilvaAt the bare minimum, you should do the following to make your bookkeeping easier:1.

Especially if you can buy a house that needs a face lift.

At a bare bones minimum, the letter confirms the start/end dates of the lease, monthly rent, paid-through date, absence of any prepaid rent other than the current month, and security deposit amount.Better, it will include statements there are no unresolved claims or disputes or repair issues with the current landlord, and no verbal or written side agreements.Better yet, it will include a copy of the tenant's lease, and a confirmation the lease is a true and correct copy with no amendments.

Given that you've had 483 clicks with no applications, it might be worth tweaking a few things before dropping the rent.I had a client who also had a property in Fayetteville and who faced a similar issue.

A PM would have the simple defense of "no one wanted to book".Unfortunately, I am probably minimizing the challenges faced by the STR PM as I am not in that space.

And if/when dig deeper, come to find that entity is barely making a net profit end of day.

I would get an inspection scheduled in writing and if they don’t show you keep throwing that in their face if it becomes an issue again.  

I've known about real estate for a little bit now but I barely started learning up on it a few days ago.