@Brian Garrett   Yea he'd have to if they're only staying weekly which could be a bad sign.   

@Robert Borr That's why I wanted to stay out of raising money, at least for the moment.

.- I have stayed away from homes that have fire damagePlease let me know what issues you see the most profit to be gained from and the ones that you just don't want to handle.

After using Wells Fargo for my last two properties that I’ve successfully sold for a profit, using conventional loans, it is taken me almost a week to get from the same person I’ve been talking to for the last two hou...

I would have zero regrets about renting it out if you were staying in town and moving to a new home.

If you can stay on topic and add to a positive experience, please come and join us.If you would rather discuss our differences via PM or in person, I would welcome you to my office anytime.   

If there are restrictions, you can use a land trust where you are the initial beneficiary then make an assignment to your LLC that will stay private.

The good news is, once you get a tenant, they will likely stay for a longer period of time.

I personally stay away from condos.

Otherwise sounds good - no different than buying house and renting out your garage if somebody so wishes to stay there ....