Other options are a hard money loan for the purchase and rehab.If you're looking to buy a property that's not move-in ready: You can get a fix and flip loan for an investment property with up to 90% of the purchase price and 100% of the rehab budget with up to 75% of the ARV.

.- Uses no or very, very little fund leverage (LOC for less than 20% of fund equity)- Lends in one specific location/region that fund managers have deep operational experience in and which has speedy foreclosure laws. - Multiple unrelated fund mangers with deep experience (so one can't get hit by a bus)- Lends at conservative LTVs, stage-gates release of funds based on project milestones.- All loans are in first position, with senior rights.- Lends only to experienced borrowers- Has good liquidity - 1 year lockup or lessThe problem is that no fund meets all of these criteria.

Let them know - as specifically as possible - what you are trying to achieve.

Then Figure out what your budget would be to get it to that level.

I have search for a while on t his specific question but cannot find an answer.

According to passive activity loss rules, every business is obligated to adhere to specific criteria, especially when it comes to short-term rentals.

That juice may not be worth the squeeze for most.As a result, the majority of investors are looking at BRRRR's for long term buy and holds in Detroit.Happy to talk through the nuances or send you some Detroit specific resources.

IF I AM WRONG, can someone please point to me where EXACTLY in the CRS that it states anything about a specific number of nights per year booked and where that does not conflict with this home being your primary place of return i.e., guys lives in his car in the back alley so he can rent out his house as an alternative to losing it because (reasons), is this not his primary residence? 

Are there specific renovations or improvements that have proven to be more effective in lowering insurance premiums?

Before making any decisions, it's crucial to consult with a legal and financial advisor who can provide personalized guidance based on your specific circumstances.