It was a super interesting article about the legal history short term rentals in Monterey County going back to the 1990's.

Rental in the area for 5/2's ranges around $2,000-2,400 So it works with 1% rule which I see as absolute minimum.I would list it with the realtor to sell it when it's done to find a buyer at exit.

This was a younger couple (late 20's) with a couple of younger kids.

Martin, we do in fact a a very good verbal relationship with this (and all our other) tenant(s).

Mark S. -- 586-954-1751

Hopefully the owner has copies of the keys because if the buyer(s) can't get in to inspect the place often can be a deal killer.Kudos,Mary

@Jessica S.

Sant S.

Year 2's interest was then $18,000 x 5% = $900.

Also let the broker know your plan(s) to use low price offers.