Given you have such a low rate on your mortgage, you may be able to get some cash flow if you rent it out.

Without knowing much about the project you're looking at, that's where I'd look in the modelThank you, still going through with fake numbers and entry/exit cap rates to make sure the formulas work correctly.

Are you able to secure the building permit while under contract in the current owners name and then have the permit transferred after the settlement takes place?

Then Covid hit and rates dropped.

Here's a bit more in detail about how rates are calculated for DSCR loans:1.

On the other hand, sometimes it irks me when I book a 5 star rated place and it's disgusting inside and the beds are awful.

You maybe agreed to pay transfer taxes.

Renting the entire property comes at a flat rate of $1500.We've received interest from a female nurse specifically for the master bedroom, but she prefers not to share the space with a male tenant.

I sent them a message with a question about transferring my bookkeeping from 1800 to Quick books to weeks ago with no response.  

You could probably just do a long term loan instead if the repairs are not heavy with a better rate and fees.