We have 2 evictions in NY right now for non-payment, 10 months in Queens and 14 months Upstate.

Reducing the cash required to move in by employing services that guarantee the security deposit for a monthly fee.

It would be nice to get rid of the $200 a month charge but at the end the numbers don't change much on total spent.

However, I have a lady that has been in my house for 4 months.

So our gross monthly income of $5000 - $3093 of EVERYTHING we need to pay each month = around $1900 in net monthly income. 

He' looking to borrow $30,000 for 6 months at 25% to 30%.

I then divided the amount per item by the number of months of life left in them to get a CAPEX cost per month.I recently read an article by Brandon Turner on why sub-$30K houses will never make you money and he had put together a similar analysis on projected costs.Cheers,Helen

If they are renting for 3 months, treat as if they were renting for 3 years.You would just need a long term policy instead of the STR policy.

It would be a house where I could afford the monthly payment without renting by the room. 

Not more than like 3 months though.