Shorter term loans are in the market place.  

Also you'll get more depreciation expense depreciating the appliances over their shorter useful life than including them with the house at 27.5 years.

I used to think that having tenants sign longer leases (2+ years) were better than shorter ones (1 year or m2m) to minimize turnover and vacancy, but that's not necessarily the case.

I was going by the 87.5 percent rule The average home buyer cannot buy the 1588 sq ft condos downtown  for $675,000  I'm two miles from downtown 1/4 mile from Canada  There is still excellent opportunity as the prohibitive prices expand into adjacent neighborhoods.Dan Gilbert (Quicken Loans) owns more than 100 buildings downtown and is currently building 4 more 1 is costing him around $800,000,000.00 for the one building Hudson's Department Store Site It was supposed to be the 23rd tallest building in the US but it got shorter with his massive stroke and Covid 19There are areas that I think will come back faster than my area did ( buy for $10k put $20k into it worth $150-$200k in three years) The only point I was making was I NEVER understood why people cited Detroit as an example of good cash flow but no appreciation.The appreciation has been unbeatable.

Just by way of example, if an otherwise happy tenant leaves over a $25 rent increase and you incur vacancy cost of $375 and turn cost of $300, then it will take you 27 months to make up the costs through higher rents.Of course, the higher the rent increases you are planning to implement, the shorter the time to make up these costs, and at some point it becomes worthwhile.Good luck with the deal!

Examples of income of this type include income from hourly workers with fluctuating hours, or income that includes commissions, bonuses, or overtime.History of Receipt: Two or more years of receipt of a particular type of variable income is recommended; however, variable income that has been received for 12 to 24 months may be considered as acceptable income, as long as the borrower’s loan application demonstrates that there are positive factors that reasonably offset the shorter income history.Examples of positive compensating factors that we like to see (1-3 will generally do it)...Employed in same line of work.Makes sense from a common sense perspective, like someone is returning to the workforce after being a stay at home parent for a while.Recently finished some training or education program that lines up with the new line of work.Low DTI.Great credit.Income trending upwards. 

Also be aware that most immigrants (adult immigrants at least) will have a much lower score than a comparable citizen due to a much shorter than average credit history. 

Commercial loans have higher rates, shorter terms and higher fees. 

Would you structure a shorter lease to end during the summer, or deal with the problem every year?

But considering how flipping pays off way more in shorter time versus rental, I am thinking about starting off as a flipper and then do buy and hold.