If the home is more than $365K you would just need to run the LTV to see if it was around 80% in order to remove the PMI but again the rates still put you around 6.25% at best.I would not move out until you refinance if it is an FHA mortgage because when you go to refinance it will be treated as a "Non-owner occupied/Investment" and the rate will shoot up to above 7% again if the LTV is down to 80% to 85% Max.  

I have never been a wholesaler but I work with many wholesalers and are friends with a few wholesaler who run a successful wholesaling team in town so I might fit in the category of "I don't have to have eaten pork to have seen a pig run." 

Not saying that is true but just as with any investment talk with people operating locally and run your numbers thoroughly. 

If I buy house for investment i run the numbers and everything look good but and its a big but... the house on flood zone from 1-10 he at 9 now let me make it clear its not a lake or something close to it city close to downtown chiago not lake around it very metropolitan area.. but flood zone 9 so i know its can be a big factor when i want to riff after i finish my renove there and want to take my money back 75% i know also the insurance van be factor with the price i can pay every month.. so if some have idea or experience with this subject the house located  oak park Illinois.. 

I would say the only questionable thing to where you would possibly keep the deposit would be the damaged door. about 99% of the time there's going to be something left behind after a tenant moves out.

There's no correlation between the number of doors you own and success.

Hotels (until recent years) never allowed pets and people still travelled.Not saying whether or not allowing pets is a necessary part of running a successful STR, but I wouldn't feel like it's mandatory.

Now, on 23 doors that adds up to almost $50k/year.

Your house drops in value by half, rent doesn’t drop my friend so you will be in it for the long run but you won’t necessarily lose it.

I know of a really good fund run by someone I know well.