You always have options with hard money lenders, but their rates are generally a bit higher as well.My wife and I are trying to buy a new personal residence ourselves every 12-18 months and will be encountering this hurtle ourselves soon enough! 

Urine is literally dripping down to the lower unit!

During that time we will be putting about $100k of improvements into the home (the carpet has pet urine, the walls need to be painted and the appliances are about 30 yrs old).

Anyone have any tips or tricks to get cat pee out of our carpet? I now know not to let tenants have cats…

There were a lot of hurtles to overcome and really struggled with getting the bank to understand what potential there was in short-term rentals.

The place reeks of cat urine.

The place reeks of cat urine.

Opportunity house is in 75218, 2/1, 1950 build, 1014 Sq Ft, price of $200K / $197 sq fthttps://www.biggerpockets.com/...Condition is fair, hardwoods need refinishing thorough, kitchen and bath ceramic tile is OK, needs full clean and paint (some pet damage from large dog but no urine).

Opportunity house is in 75218, 2/1, 1950 build, 1014 Sq Ft, price of $200K / $197 sq ftHere's my calcs on the deal--https://www.biggerpockets.com/...More deets--Condition is fair, hardwoods need refinishing thorough, kitchen and bath ceramic tile is OK, needs full clean and paint (some pet damage from large dog but no urine).

He left.We then called another company to check it the following day, that tech suggested replacement.He replaced the unit, then couldn’t light it either.Turns out, the former tenants called the gas company and requested gas be SHUT OFF to the home.In other words, the original unit didn’t need replacing.We called the gas company, who confirmed that they only did what the tenants asked, which was to do a shut off, and can schedule a turn on.After checking that the security deposit check wasn’t yet cashed by the former tenants, we canceled the check and immediately sent them a message indicating what took place, the expense and time spent due to their actions, and a request to send the balance of our expenses, which now were more than the deposit balance.Now they hired an attorney and are demanding the balance.In the meantime, the townhome’s association sent us a complaint stating that the patch of grass in front of the home needs repair at the owner’s expense because the tenants’ pet continuously urinated in the same areas, causing damage.