The chance was missed, though, but an investor who was more creative and open to chaos took it and made it a home run.When I thought about what happened, I understood how important it is to think outside the box and push yourself.

Curious also did they not get a home inspection?

The school spent $275,000 on repairs, improvements, made paymemts for 6 years, and paid us off.  

If you want to tap into the equity in the home, the bank has to decide how much to value the property on.

I know in Washington state a home owner can do their own work including electrical and plumbing, but as you pointed out has to live in the property for 1 year after completion.If you get licensed as a contractor (in WA state it takes some paperwork, filing fee and insurance/ bond, no test, no experience etc.. )  Then you do the work under you contractors license and no holding period needed. 

Hi Melissa,Thank you for the very practical advice and your insights.We have hosted providers, lawyers, grad students, nurses and one diplomat who stays in one of our 3 bedroom has the embassy paying for the house and she has renewed the past 3 years.I can see the bigger homes for corporate housing except for the one bedroom, one bath condo downtown near the hospital.i really appreciate you insights!

We invested significantly into our pricing strategy as well as getting on more channels (Marriot Homes and Villas, JetBlue/Allegiant, Google, Booking.com, and more).Good luck!

If you plan to self-manage and can find something within 15 min of your home or work then STR is a good move. 

One is a traveling nurse who is only there between jigs and the other is a husband, stay at home wife, and a year old baby. 

I planned to purchase a home first, settle in, and look for a job closer if commuting is too much work.