Who knows what could be coming next in terms of legislations.

I currently have 20+ units that serve short-term, mid-term, and long-term rentals.

I am planning to keep the property long term.

So in practice, an annual lease term seems one-sided for the tenant's benefit.

For example, I know that Lima One will waive a property's seasoning period if you use them for both the initial hard money loan and the longer-term DSCR loan.

This contract outlines the terms of the sale, such as the purchase price, any contingencies, and the closing date.Ensure the contract clearly specifies that it is assignable.

-As to rent payment, in Florida, a tenant would either owe liquidated damages (as stated in the lease or would owe rent that accrues during the lease term until such time as the landlord is able to re-rent the property on their account.

I have done mid term rentals for years, and mostly by the room (similar to you renting out different parts of your house).

@Katie Southard For first tenant after we moved who said no way to get to post office during hours, we gave them our keys with signed addendum to the lease that said if they don’t return all of our mailbox keys at lease end, I’m reimbursed for my deposit from their security deposit, and that they are responsible to obtain new keys from post office, themselves, during lease term if lost.

It will define what demand is, in what specific unit types, for today, next few years, and the longer term.