Can they prove how long it takes to rent a vacant property?

But I don't want to be living with strangers, I was thinking if I make my own room(something small like in the garage). and only sleep/be at the house half of the time will I still be considered a primary resident and will that be okay with FHA guidelines as long as I don't tell them?

Long story short - you cant just take the current effective tax rate and apply it linearly to the new price - there are fixed and variable components of property taxes so it wont scale like that. 

It doesn't take long to learn how to spot a good deal.5.

Hey @Don Konipol, so I am guessing that most municipalities/counties/states have 30 days as the beginning of a long term rental where tenants rights come into play.Some states it is 28 days but most states it is 30 days.

Also, what are you main reasons for looking to STF in Rockford, not knocking the area by any means but there is so much opportunity within the city limits where you're less likely to have extended vacancies.Short term rentals have taken a beating this year, while long term rentals have seen an uptick in what they can charge due to high home prices, and inflated interest rates.

In talking with people already in the game, many have told us that long term rentals right now are not a great option due to high home prices and higher interest rates; they would be very hard to cashflow aside from a sizeable down payment.What these same people have recommended is fixing and flipping right now, since homes are still selling.

If you want the job done faster and for less money , have as little stuff in the house and have 2 or 3 rooms empty to work on . 12 to 18 months is a long time for a cosmetic rehab . 

How long have you been a realtor?

**Stability and Predictability**: Buy and hold offers long-term stability and predictable income, aligning with my investment goals for consistent returns and tax benefits.3.