It may impact the loan and will require you to pay transfer taxes based on the assessed value, deed prep and some additional accounting fees to address basis.

For example, Clarksville, TN (outside of Fort Campbell military base) could be a great option.

So, again, we have to do their job and chase the seller for that info.So, based upon our 24+ years of experience with agents in these capacities, we're all for raising the bar!

Even if you are actively operating as an STR the lender will look to tax returns for income, so if it has been less than a year they will still go on LTR income.You need to factor in that your lender is going to underwrite any loan based on LTR income only. 

Also, based on the need for capital, will you be operating the deal based on your experience?

Based on the information you gave, no one can give a decent price, but sure $100k might cover all that....

Budget cuts have been hitting Sec 8 for years, allocations are of course based on budgets, this area has not had any new voucher authorizations for years, as others come into the area they bring their voucher with them and is then adjusted to local markets, you also lose those moving away.As pointed out by our new member, welcome BTW, there can be differences in operational administration, not to financial limitations or authorizations.

In a situation like that I think you are doing the correct thing in billing back the tenant because the utility is based on usage and not a flat fee that you can bake into the rent price.

@Michelle Martin sorry to hear about all this:(As mentioned already, create notes - we suggest using Excel to build a timeline with: 1st column date2nd column summary of what happened3rd column copies of supporting emails, pics, etc.You can color-code the rows for even easier tracking.What has previous PMC stated about their mistakes & "fraud" repairs?

I have multiple sales closing next month, but have a situation where Im cash strapped and personally need $5k for less than $30 days.Does anyone do these type of loans not based on credit and fund fast?