Are those just for labor or also assuming material expense, as well?

Lesson learned pay others to do the time consuming labor.

I have found a potential short term cabin in a great spot that is only wanting to have someone assume their current loan.

My options usually include the all cash/quick close to flip myself, listing it (as an agent) but also offering the seller to do a JV flip together, I could wholesale it, offer to buy it myself for a BRRRR or other long term personal investment, etc. 

Account Closed I would strongly recommend instituting some kind of pre-screening process when people inquire about a rental.

However, if the new month to month leases change any terms of the existing oral agreement (utility switch, rent increase, etc.), the tenants will need appropriate notice of the change in terms before they can be asked to sign new leases. 

I think they call that a long term rental. :)Seriously, it will be treated like a LTR.

Your income from the long-term properties is considered as your personal income so it shouldn't be so impactful.

However, the initial costs for land, labor, materials, and permits can add up.

Then he reaches out to that company to get them to book his MTM.Would a long term rental cover your costs until travel recovers in a year or two?