This will make things easier for the tenant and myself, especially if I decide to furnish a few units as short-term rentals. 

Frankly, I wouldn't feel comfortable owning a condo long term due to rising HOA costs and major assessments.

Does it work that way for short-term rentals too?

Before you start asking any questions you need to get an idea of what you qualify for in terms of financing.

I've got a single family home rented out in San Jose, CA and unfortunately my long term tenant has stopped paying rent and is ghosting me. 

I’d love to start a discussion on Risk Management in Fix-and-Flip Projects and share some insights from my perspective as a lender.Having clear and detailed loan agreements protects both parties.

They should provide a monthly/annual statement showing all income/expense details.

We could take the money and apply some of it towards our personal residence to reduce the time required on the loan but there would still be a sizable amount of loan so it really wouldn't make a huge difference in terms of the length of the loan...not a great idea.  2).

Well, we don’t own a G-5 like @Jay Hinrichs 🤣, and our process is much more local, but not much different in terms of borrower and property qualification.We only lend in Los Angeles and North Orange County.

On one end is the cheapo bastard that wants to try to squeeze every dime they can out of you, and on the other is the ones that think because they're paying "good money" they can dictate your life terms to you.