@John Brown Running a short-term rental (STR) on a subleased property, often called rental arbitrage, is feasible but requires careful planning.

And now with rates being high, plus many areas overbuilt with new apartment buildings, I’d be careful with unknown areas, and also what you read in the media about “hot” areas, up and comers, etc.I was in a similar situation to yours a couple years ago.

Unfortunately due to the entirety of an agents pay being earned by commission (in most cases, with the exception of a very few agencies with different pay structures), sometimes agents work for free and other times they get a big paycheck.

I will be very careful with my first investment if I were you, unless you have a rich father or uncle who is willing to finance your mistake.

Our 8-unit buildings have one roof, one foundation, and one structure to take care of.

Without any form of credible references this person may care less about you and are only interested in the sale, which would be your problem after.

What do I care if someone owns a property they post to their website or not?

It’s important to terminate the agreement carefully to avoid legal disputes.

Who cares about lifetime interest costs, except to the extent you can easily lower them (refinance to a lower interest rate) to increase your cashflow.

If you can solve the problem, you can get the house for less than everyone else who doesn't care about the person.3.