Quote from @Neeta Agrawal: For context, we gave the tenant a 60-day notice for non upkeep and no repair communication in 2023 and then extended it for 30 days upon his realtor's request, setting the move-out for May 31, 2023.

They found that targeting traveling nurses and medical residents provided reliable income, especially with amenities like a washer/dryer and blackout curtains.. details that are often overlooked but highly valued.For STR potential, I’d suggest researching local tourism data.

. $40k will not get you a non owner occupied San Diego property unless you find some unlikely alternate financing.

The cost of the HELOC is more than covered by what I'm saving, that's why it's a non-issue.

What would be the best course of action to sue them for non-payment? 

Non-compliance can result in penalties up to $500 per day and potential criminal charges.

Social security number is definitely not required for non-payment for eviction in NJ.

That makes private financing a solid option for folks with non-traditional credit or complex financial situations that banks might shy away from.Then there’s the tailored approach to loan terms.

Investing in a short-term rental property as non-local owners can certainly bring tax advantages, but achieving material participation requires careful planning and documentation.

•Downside protection if properties are purchased requiring improvement to provide a fast increase in capital valuation – improvement means non structural renovations/work.