made an offer on a property only to find out later that one of the units was going through an eviction.tried to extend our inspection contingency to no avail to buy us some timeended up not being able to come to terms on how to proceed with sellerthe last HOUR of our inspection contingency the seller offers to try and buy out (cash for keys) the tenant the next day (he had a property manager handling the eviction and wasn't even aware of it initially).i get a (risky) oral agreement that even though the contingency window had passed, if the plan falls through my client will still get their EMD back the next day the seller ends up buying out the tenant for a bit over $3,000 and now we can move forward with the deal without the headache of a problem teanant/ picking up an eviction.

Renovation docs on short-seasoned cash-outs?

I am looking to build a SFR for short-term rental, would be my first-time new build.I have engineer plans for well and wastewater stamped by the state of VT for up to 4 bedrooms.

Ensure it meets safety and zoning requirements before using it as your primary residence to avoid violating any laws or terms of your owner-occupied loan. 

Consider factors such as location, property condition, future development plans in the area, and your long-term goals.Remember, patience and persistence are key.

Efficient negotiations secured the property for $200,000 under favorable terms.

VA loans require a significant portion of the loan term, while conventional loans typically require moving in within 60 days.

Jim Cramer suggests MemphisTranslation: SHORT MEMPHIS with everything you have!

Most typically you'd hear this term in commercial leasing where the tenant reconfigures an office space or builds out a retail store/restaurant space.

How much term is left, strength of the tenant, rent escalators, rent/sq ft, etc.You also want to make sure you have a good understanding of the roof, parking lot, and mechanicals because in a traditional NNN lease, the landlord is reponsible for these items..and they can get expensive.