Quote from @Wade Penner: Your lease specifically states they must give 30 days notice to end a fixed-term lease.You generously offered to let them continue on a month-to-month.

Calling all short-term rental experts and content lovers!

This is reason #42 why I only offer MTM leases.Now that that is out of the way, if they are on a term lease, just give proper notice to terminate based on your lease verbiage and local laws(!). 

**Stability and Predictability**: Buy and hold offers long-term stability and predictable income, aligning with my investment goals for consistent returns and tax benefits.3.

So the potential for appreciation over the mid to long term should be strong.

One thing to keep in mind is "less is more" when it comes to telling anyone including the Loan officer what you plan to do in terms of living arrangements.

Hi AllI am a STR expert but new in the long term rental game.

Hello, Hazem Abdallah, when choosing a company for cold calling, especially in terms of calculating KPIs and ensuring lead quality, it’s important to consider several factors, including their reputation, services, technology, and customer reviews.

This means you have an LLC for a single business activity, which is filed correctly, has an Operating Agreement with clear and precise terms, you set up a separate bank account for that LLC and its related business activity, you do not use that bank account in any way for personal activity, and while it varies per state as being a requirement, you always want to make sure you have periodic filings and to take it even further, hold a "meeting" once a year...even if you're the sole member and there's not much changes that took place for the year. 

Together, we negotiated favorable terms with the seller, ensuring a beneficial deal.