Out of 4 tenants, only one has abided by the lease. 

But what exactly happens in the year the child turns 18?

We turned the 4 bedroom, 5 bathroom property into a 6 bedroom, 7 bathroom property, plus a caretaker's apartment.  

If it's managed well by a professional, you are more likely to succeed, grow an appreciation for it, and maybe take over management some day. 

Like @Collin Hays said, it is being driven more by neighbors tired of poor STR owners not keeping things sorted.We only look for places in vacation areas with a long history of owner driven STRs vs big cities and the like.

These costs would eat into your profits.The case for sellingEven at $125/month, your cash flow is slim, and any unexpected expenses could turn this property into a liability rather than an asset.

Looking for a creative way to either turn my current property into a rental or a flip or any other way to make a profit. 

We have modified many seller financed notes over the years (with input from the servicer and a qualified attorney as mentioned by others). 

I can’t imagine what kind of things the city ask for turning silo into a house haha

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