Short answer - tenant pays.Long answer - landlord pays because tenant has no money to pay that's why they are on section 8.

The money needs to be kept in a 1031 account until you find a replacement property.Holding money in a treasury direct account is good for short-term.

Policy should either pay it or give you reason why in short order.Pay your current year's taxes on time. 

It's our first time setting up a medium term rental and bought a house with 6 bedrooms that the previous owner had been renting out as an MTR for travelling nurses (by the bedroom).

.: Hi all,I'm planning to buy my first long term rental, a single family resident in the next 3-6 months.

Rents per unit are about 1K for long term tenants, although I'm likely to do STR or at least a combination of the two.

Shortly after I slowly took on a fulltime postion at a large real estate firm and helped build out their residential PM service since mine was owner operator properties only.

Long story short, cosmetically ugly and out of style is fine, not functioning isn't and WOOD ROT is a major no/no with FHA and VA appraisers.

All of those are "part of doing business". 3 years, 7 Airbnbs and hundreds of guests later I'm still a proud host and a big fan of the mid-term / short-term model!

Short backstory; I’m a licensed builder in MI and have been on my own for 1.5 years completing structural restorations, insurance claims (roofs, siding, floods, etc), and about 15 or so bathroom remodels.