You have to deliver specific forms, and a relocation fee to the tenant is required.This RSO website will answer your questions:https://housing.lacity.org/res...Good luck!

There are a number of reasons for this, but a higher HOA fee is one of the biggest reasons. 

So, add a few points on the spread and its the same as hard money, at least without the origination points.Its still a loan. 

When you sell you will receive selli price minus all liabilities tied to the house (The Heloc, the $30k deferment, and the original loan.) you can use that money as a downpayment or to do repairs/upgrades on the new property. 

Consider the potential equity loss and cost to originate another loan versus your REI goals. 

The great ones quickly reach capacity and need to raise fees to accommodate the growing list of higher-need clients.

We routinely get 15 month renewals, 60 days before the original term even expires, by sending a simple letter.

Goosehead writes through a lot of different companies, so they can find a good fit for you.Feel free to connect if you would like a recommendation to an agent in the Indy market.Staci Goosehead charges their agents 50% of their commission as a servicing fee and your agent will then try to steer service inquiries to the Goosehead service center. 

I had originally thought I would rent for year and do a 1031 to avoid cap gains tax,  but I was told since I am a real estate professional ( I am a broker),  I would be exempt from cap gains.    

This ROI is calculated as the net return from short-term rentals divided by the sum of purchase price, closing costs, and renovation costs.The largest yearly expense is attributed to mortgage repayments (53.4%), followed by turnover fees (11.8%) and utilities (7.21%).Below, you will find a chart showing how the seasonality of vacation rentals impacts gross revenue throughout the year:This chart provides insights into the relative strength of each season.