This includes getting comps or an appraisal to verify value, lenders title insurance,  a proper note and mortgage,  and you must be listed as a mortgagee on the borrowers property insurance policy.Our lending criteria in our lending business caps our loans at 65% of the after repair value and we control all rehab funds as we hold them in escrow. 

We've bought 150+ units and still own and manage 51 units on top of managing for other people in Jacksonville and Orlando so we know a ton about owning properties and managing them (at least from a traditional long term rental stand point).

Assuming you want long term renters, then staying around $400k or less is where you need to be anyways.

Question: If we have a tub in the master bathroom, but not in the hall bathroom, is that a deal breaker for turning the home into a mid term rental?

Rent: Focus on long-term rentals to generate steady cash flow, with an eye on market conditions for any short-term rental opportunities.4.

Some strategies you can look into are short-term rentals or becoming a real estate professional.It will be difficult to be a real estate professional if you work a full-time W-2.

They are around 4%, which is higher than some major cities.Could you do mid- or long-term rent well if everything fails?

However, I'm receiving pushback from the Revenue Division regarding the issuance of a short-term rental permit.

I am looking to invest about $100,000 on a down payment for a long term rental, but running the numbers on a few different property types I just don't see how it currently pencils out to positive cash flow.

Is it easy to accomplish within a short period of time like within a couple months?