When explained it all makes sense, but the numbers are high enough that it triggers the natural "too good to be true" response.

if the bank finds out there was a sale to you it could trigger the "due on sale" clause that is most surely written in the sellers docs when he closed. you could do a wrap around mortgage agreement or a lease option possibly.

Of course, always always always talk to a CPA and/or Qualified Intermediary before pulling the trigger on either option.

It is worth the investment in a little time to try to see if a tenant has the ability to get current rather than immediately pull a trigger and create a vacancy and a need to prep a unit.

Don't feel like you need to be pulling the trigger on a deal every other day, be patient. 

I am hoping to get a few additional eyes on these numbers and get a few other perspectives before pulling the trigger.

Hey all,About ready to pull the trigger on my first rental.Been looking for awhile and the properties that I can get to cash flow are about a 40 minute drive from me.

I’m almost ready to pull trigger.

Pulled the trigger to stock a STR between Black Friday and Cyber Monday. 

This will increase your confidence and strengthen your position; tenants can't argue with the lawStart action against the follower first, perhaps a couple of weeks apart; that tenant may then renege their allegiance with the ringleaderI'm curious to know whether you're aware of anything specific thing that may have triggered the non-compliance after a relatively long time.All the best!