So the loan for the rental shows as a debt but the income is not reported to the bank where we are trying to get the new loan.

Does anyone have an out of the country Airbnb?

Purchase price: $93,750 Cash invested: $70,312 Purchased 2-1/2 acres of raw land with the hope of one day building a home on it.

I would owner occupy it so I don't know if I have an avenue to remove them so I can do the condo conversion or if I could even do the condo conversion while they are still in there.

Quote from @Charlie Martin: Hello, I’m hoping to buy my first property next year, and am wondering if I should create an LLC to do so.

The next tier with even higher returns I recommend a $320k+ cash budget.  

At this point with Whalen the fall guy for the criminal activity its my opinion that Clayton and wife while going through a great deal of drama and trauma being the focus of so much civil litigation and public assassination on social media   will just live out their lives here in this country hardly any kind of exile.. 

If you have the electrical capacity and the drain I would spend the $1600-$1,800 to buy the MUCH nicer ventless GE or LG all in one units.

In other words, I expect low, if any, appreciation over the next few years.A similar investment in the S&P 500 would have yielded a 25% return if sold today.

Most folks are charging 10% of the rental rate for monthly PM fees. 1 months rent for a leasing fee and couple hundred for a lease renewal.