You are the gaurantor on the note secured by house to avoid Dodd Frank owner occupied issues.

My team recently put together a well-researched and handy list of landlord-tenant statutes by state that just covers the basics: security deposits, eviction issues, legal recourse against tenants, deduct-and-repair rights, etc.

Do you you like the security of a fixed payment each month or do you like the freedom of having essentially a large credit card to use for purchases.Best of Luck,

But I don’t think it would perform as well In Townsend.

one of the properties is a solid performer, the other is OK but not a peach.  

I have 2 LLCs (one for my farm and one for about 15 rentals) and I can see the financial performance of each of these entities very easily.  

Set up a bank account for rent and another for the security deposits in escrow.

I'm certainly banking on the idea that Redwood City still has a lot of positive change coming its way that will out -perform any potential worries about the greater bay area market.

There's lots of things that impact a short-term rental's performance and value that won't fit into that calculator, such as how many it will accommodate, does it have a view, proximity to attractions, are the roads difficult, etc.  

Hey @Chris Watson, got a question for you:What does it mean to 'secure the building' in your branch of the armed services?