The short term and balloon payments that seem to come with hard money are pretty intimidating.

They believe putting it on the MLS will make the most sense to them.Like everyone else, we are always willing to partner with people that want to learn through experience and find more propductive ways to find deals.There is money to be made in real estate in this current economy, if you find deals that have not yet hit the MLS.

The other 2/3s of the metro area are doing more than well in every aspect.Outlook: We are currently in the middle of a giant freeway expansion/modernization project costing $1.7 billion dollars.

I am in the process of moving to FL where I have 2 short term rentals. both with mortgages on and the new Primary will also have a mortgage.

@Joey Gedgaud we take over a lot of properties where owner complains previous PMC:1) Poor communication, taking many days, sometimes weeks, to get a response.2) Maintenance work being done without notice or approval request.3) Surprises for extra fees, services not covered , etc. because the management contract was "simple & short" instead of thorough.

Q3) If it's a loan from our parents that we are paying off, who holds the title to the home?

We are in Fl.

You can also hold the security deposit for those repairs (if you've stated those terms in your lease agreement).The short of the long here is that they're in violation of the lease and you are able to take action.

We are able to do short term rentals with the other unit and learn many skills throughout the process. 

We are currently in Conservatorship Court proceedings and I am now gonna try to get the LA Court to prevent my sister from doing this in the future.