Depending on your current credit situation, some private money lenders are starting to do DSCR loans on STRs.

Your Credit Score: 680+ or 700+ will get you better terms depending on the lender. 660 is the minimum for many lenders.

Of course if there is no capital to command at all because of some terrible circumstances then there is no hope for any solution and they default to being the victim of whatever circumstance is presented.There are many different ways to handle a foreclosure situation depending on the circumstances.

Okay, then there's a lot you'll want to think about depending on your other income and your financial situation. 

You'll also need anywhere from 20-30% down depending on credit. 

No idea on the notice period required, depends on your lease and your particular state laws. 

Everything depends on your current and future goals.I live in the bay area of California.

.- 20 vs 40 it all depends on your experience- in-state vs out-of-state ? 

It totally depends on what “1 STR” is.

In addition, you have to fire suppress the home which typically costs around $40-$50,000, depending on the size of home.