You're just trading one set of problems for another.Highly recommend inspecting current home of any S8 applicant (we do this for any applicant under 620 credit score).

Do you have an idea of what your current properties are worth and what you owe?

.- Properly / thoroughly screen the tenants, which increases the likelihood of a bad tenant and damagesNow, it can be done, but if you aren't even sure of what the industry costs are for PM services, I highly doubt you are currently skilled enough in the area to risk doing it.

The current urgent issue is the porch columns need to be adjusted - about $2k.

Keep servicing at the current company on a performing loan.

One must register the vacation rental unit, pay applicable fees, submit a current license as a Transient Public Lodging Establishment (“TPLE”), and provide other required information.

That, and there is no guarantee if the lender does call the note that the current owner is getting a new loan at the higher rate with them, so why go through all of this?

Call your current insurance company and an agent who brokers for multiple companies to get some quotes.

Are you asking about a bank owned property, or a property currently in the foreclosure process.

I currently own one STR in the mountains outside of Denver and am looking to purchase additional investment properties.