Be aware, however, that when refinancing unseasoned property most institutional lenders will limit your LTV to a percentage of COST, not market value, so trying to refi off of the higher market value will be difficult to do.

., a war in Europe, a CEO scandal or even a random tweet by an executive (like Elon Musk). 

Also be aware of prepayment penalties, especially if interest rates do end up going down. 

Nothing wrong with that just be aware it’s not the same.It takes relationship building.

@Clay Smith Not aware of any of these problems, however, since it's an REO the seller disclosure is blank.Nothing came up on the property when I googled it. 

I just wasn’t sure if I was missing something and wanted to see if anyone else could possibly provide pros and cons that I’m not aware of.

Just be aware that your success on AirBNB is completely tied to reviews.

Just relist- we relist properties all the time and I am not aware of any penalties or active enforcement by Airbnb.

Is it in a nice area or a war-zone?

Every jurisdiction that I am aware of in San Diego that has a policy has restricted ADU from RE that has a duplex to quad and to the best of my knowledge none have been found in violation of AB 1069.However, there are various proposals in front of CA legislature that would eliminate this restriction.