The tax would come to what you collect for the rent!

If you elect a PPP shorter than 2-3 years in most cases, the lender is simply going to collect that fee A) upfront as points rather than as a PPP, or B) with yield, meaning a much higher rate.  

This way they don't lapse out and close.Next thing is don't have anything go to collections. 

The name of the game is collect monthly premiums and payout as little as possible.

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

I used to collect them back in the 1980's.

The note investor who thought that even after he sold the note he was still entitled to collect the monthly note payments. 2.

Consider Autohost or Hostfully both offer robust guest verification and deposit collection, tailored for professional hosts.

Much of this is loan underwriting and it can identify a quality note.Today, you should turn over any note you buy to a mortgage servicer, for about $300 +/- a year you'll avoid tons of regulatory issues, tax filings, notices required and collections with a performing note.

However, after collecting more information from PHA they stated I should aim to rent the unit at what other units nearby are renting out for and NOT go as high as the SAFMR states you are allowed to go.