There's always risk involved, and unforeseen circumstances, but using your lender as a resource can help mitigate that risk.

Hi Chrystal and welcome to this great resource!

Let me know if you would like to sit down and discuss in more detail, or if I can be a resource for you.

That way i can use it when i want and collect income when i'm away.So my question is is it a good idea to have a single air b and b apartment in a small multi unit buildon?

Looking for advice on COLLECTING REPAIR COSTS from the tenant that are incurred DURING the tenancy.

@Bob Green when you say “time frame” are you asking time of year or at what point of the collections do you file to start the process?

There are tons of resources on this site:Attend local REIA meetings and connect with like-minded investors: https://www.biggerpockets.com/forums/521-events-and-happeningsRead the Beginner’s Guide: http://www.biggerpockets.com/real-estate-investingListen to the BP Podcasts:https://www.biggerpockets.com/podcast

You accept this new tenant and begin collecting their rent December 1st. 

@Tom Gimer for this situation, im collecting a fee for this referral to the agent.

They collected the rent but did not pay mortgage and changed the title sold to others and disappeared.