The landlord bill I have been posting about has gotten a little opposition and is being delayed, but should be heard Monday by the entire Idaho House and voted on.  

@Jhory Miller You can cash out under delayed financing exception any time.

This seller wanted to minimize his gains over a long term, so we did a 25 year note.

It just happened here in LA...very minimal STR allowed (very restrictive as to who can do it and for how long).

Only downside is the delay in the deposit (4-5 business days) but that's a fair trade off IMO.

There could be winter activities nearby that attract people such as ice fishing, snowmobiling, etc.I also discovered they had variable rate pricing depending on which dates and if you stay 1 -3 nights or less in the high season, they limit stays to 1 week minimum, Friday to Friday, to minimize turnover costs, etc. 

Some criteria we are looking for: Price of $350k or less, a townhome, or low HOA condo, or single family home, areas of North Burnet (Domain) or East Austin, close to future development or current public transport options, no/minimal renovations required to be rentable.Our goal would be to rent the property out to long term tenants.

Cash with partners (/parents :-)Initially applied for delayed financing, but fell through since the funds used to purchase were from a partnership, and I applied for the loan in my individual name (with plans to ultimately deed the property to our partnership's LLC).

It is the GC being sloppy or miscommunication and the fee ranges from $4k to $10k and may delay the project a few weeks.

We send out financials monthly with all of our deals in addition to an executive summary of the projects status including potential delays or busts.