The bank won't reduce what is owed unless if it's a short sale.

That number will be less than 100k in a shockingly short amount of time.

A lot of those kids are going to hang around for the summer anyway, as opposed to traditional dorm students.The only caveat is that it should be walking distance or a short drive or bike ride to campus.

I have never had a problem with people abusing this.I also have over 50 5 star reviews on Homeaway because renters don't have to want for any basic supplies.Did someone give you a less than stellar review due to them being short a couple rolls of TP?

Many didn't even try to short sale because it was of little benefit to them, and this resulted in entire neighborhoods being nearly vacant.

When my condo tenant complained about tenants next store playing loud music into the night, my sister, who manages the place for me had to call the condo PM, who contacted the HOA, who contacted the condo owner next door.

I have been "PENDING" on a SFH property for over one year.  I've gone through four or five different file managers and I think we finally see the closing light at the end of the tunnel.  Chase bank recently requested ...

Short answer is for the BRRR strategy to work you need to have bought the deal in such a way that your purchase price, rehab costs and holding costs is no more than 70% ARV.  

I think the short answer is that it came from an organic process.Norm and I have been a ma and pa operation of purchasing and landlording in North Adams, Ma. for 10 years.  

If it's a short term flip, then the high-interest rates and down payments may not be as big of a deal (if everything goes right).