By conservatively assuming a future sale in a weaker market, say with a terminal cap rate of 6 to 6.5%, investors can stress test the resilience of their deals.Take, for instance, a typical 5-year investment horizon.

Right now it is typically much cheaper to rent than to buy.

You might start with the agent that listed the home for sale as they typically know the players.

If a STR has a typical homeowner's policy and just Aircover, and the property burns or a tree falls on the home, it will not be covered at all because it was operating as a business under a homeowner's policy.  

If you do want to stick with FHA, you'll need at least 2 years of receiving OT since it's considered variable income.

In these cases, I typically close on the first appointment provided the seller is ready to hit the market and we've agreed on terms.Urgency:- If a seller is ready to sell asap and NEEDS to liquidate the asset I would go for the close then and there as long as we're on the same page regarding pricing, commission and other terms.- If a seller has a flexible timeline or is 'not in a rush', I play it by ear & I play it cool...

Tenants typically run with areas, so Class C areas get Class C tenants.  

@Phil PetiteI am concerned that no rent received in January did not result in you filing an eviction on Feb 1. 

I received a "banned" message, but don't know why.

In my market, you typically need to force appreciation and rent growth through renovations to cash flow.