Many lenders offer flexible financing terms up to 85% in some instances for investment property transactions. 

I would try to find a short term/mid term rental friendly agent who might be able to give you super accurate feedback on the market

If it's a single family house, it should be tenant responsibility but if it's a multifamily, that's when you may need to take care of it - it depends on your lease terms and should be stated there so both landlord and tenant understand whose responsible for it.

How do you estimate just how many residents will stay long term vs. decide to leave or perhaps pass away during their stay?

I like the idea of short/mid term rentals more then the long term...one big reason is not having to move all of his stuff...or at least being able to take my time.

Hey @Donod Sadu - this isn't uncommon when payments are setup on auto without a definite end term. 

The 'what you get' for the money factor is highly applicable from Brookings to Astoria and licensable STR coastal vacation rentals are still regularly attainable at workable terms, Luxury and oceanfront and lakefront properties tend to perform above the 10% of valuation in gross annual income for prime coastal STR's and as an example I've seen a $2.1 Million Oceanfront home produce $300k in gross annual income.

We're working with several luxury STR purchase investors and several super jumbo refinances (over $3M) that are likely to commit with improved terms and anticipated ROI. 

Let's dig into some of the other numbers as well to ensure you have an underwrite that is conservative so that you have "all your bases covered" in terms of risk. 

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