I appreciate your input on a 2 bed/1 bath for long term rates, that does seem to have the best ROI and less risk overall!

When I visited the property, my (investor-experienced) agent gave me some rent estimates for the property's units, but they seemed really high to me and seem out of line from what I've seen the market absorb.

One thing I did notice is that almost everywhere seems to allow pets so that may be something to consider if you haven't yet.

It seems to me that the 21-day period in Wisconsin is half-baked, given that water is a utility that often runs with a property and not the lease term. 

It does seem like a little bit if an aggressive play, but I would have to get some more details on the deal.

Hi Molly,Since, you are merely using one loan to pay off another, it doesn't seem like an efficient use of capital (especially if the loan you are paying for the primary has low rates).

I think almost half the cost comes from the teen driver.Additional $345 annual to add $1M excess uninsured / underinsured motorist coverage.A $2M umbrella on top of a $2M STR policy might seem like overkill, but it's a big three-story house with seven bedrooms, max 19 guests. 

Yes,it seems due to the Cares act and moratorium that ended 7/2021 we are only back up to about 78% of the number of monthly foreclosures of about 35K a month but yet there are over 2 million delinquent loans currently because they are not actively foreclosing.

It seems to be a numbers game 

My point is that observing the 2008 GFC it seems like interest rates are a leading indicator for future delinquencies, and that delinquencies tend to lag by about 2 years.Should we expect something similar to happen again in the current market?