While I was waiting for my doctors appointment (regular consistent mental health Dr.) the apartment complex served me a letter that they were notified of an animal and placed a $400.

I strongly suspect that the tenant has mental health issues, because he is on SSI, but has no apparent physical disability. 

Buying my first rental property took more effort (mental effort mostly) than my 4th.

This gives Fayetteville a boost during down turns. 

You can ask for proof that an “accommodation is necessary for the tenant’s mental/emotional disability”.  

No bank is hungry for this type of business, going for it would boost business by at most a fraction of 0.1%, which the approximate percentage of people out there who a) sold via this method and b) don't otherwise already have trashed credit.

In the short term (a few months) maybe but, not for the long term.IF you own the property outright then that's a very good way to create passive income and boost your buying power.

Their mentality was that the damage was already done, but that is not correct.

If it's a good tenant, keep them in place or have room to add value in the future and boost rents significantly.

Hello,I have recently started shopping for lenders to have a cash out refinance for a second home in the Catskills.The home was bought roughly 10 years ago for $125k, we did about $60k worth of renovations and its current valuation is at least $250k.A family member with declining mental health owns the mortgage with $89k left to pay off at 5% and we would like to restructure so there are no financial ties left.Due to a spring fed water source, we have limited lender options.I spoke with a recommended local lender who claims due to us renting the home on AirBnB (we have a filed Schedule E for income on this property) it would only qualify for a commercial loan, subjecting us to a higher rate (5 - 5.75%) with variable rates after a set timeframe.Are we stuck with strictly commercial financing on this property?