Do both of yourselves a favor and give it a long lead time, that way they can come to terms with the new rent and make adjustments to their budget, and if they are moving out, you both have time to get your ducks in a row (you to try to do a fast turnaround on the rental) and them to find an appropriate new home. 

If it works as a traditional rental, everything else is gravy on top.Those aren't the numbers that matter:Property ValueCash in (DP)Mortgage payment and term in yearsrentmonthly expenses 

Is the loan a UCC filing against the panels?

We have a short term lease agreement for 6 weeks. 

@Hunter Gibson This will likely be hard to find. aIthough is more likely to happen with a smaller local bank who basses their loans more on the relationship with the borrower.

Many lenders avoid these deals due to the low resale potential, but I'm curious if there are any loan products available for this price range, especially in markets like the MidwestAlso, does anyone know if any lenders are bundling multiple low-cost loans to meet minimum loan thresholds?

He has been taking 14%+ hard money loan for last few years!

Hey BP community,We just bought our first property that we plan to use for short term rentals. 

The DC area is one of the lowest cap rate markets in the country.In MoCo you'll generally need a 40-45% down payment currently to have your rent cover your PITI on a standard long term rental.

Are you thinking of a long term rental, mid-term, or short term?