These guests never have high utility bills in my experience.

- I would HIGHLY recommend using a HML that uses 75% of the After Repair Value (ARV).

I personally honor their lease rate through the end of their current lease - and usually this is all the tenant is concerned about.  

Some details on the deal below:Mortgage rate on the property: 3%Monthly mortgage payment: $1200Amount owed on mortgage: $230KCurrent property value: $370KEquity: $140KDue to the low mortgage payment and high rent potential in this neighborhood I would like to assume this loan and rent this property out as a long term rental. 

LTR is always way better at the end, much less headache

a) everyone can use a pool, b) not everyone can or will use a pickleball court c) almost everyone who is a bit older who started playing pickleball ended up injuring themselves, d) a pool is a lot prettier and adds a lot of ambiance to a backyard.

@Arijit De what did you ever end up doing for financing? 

Currently, the data suggests that the next few months, with winter approaching, could indeed be challenging due to the high inventory levels.

But it can a good area for cash flow because rents are high in comparison to house prices and seem to be stable.

I'm looking for an insurance broker who can help me find better insurance rates since they're so crazy high right now.