I feel in this market it is difficult to get outsized returns (S&P seems very hot and might be hard to sustain 7%+ returns in long term.. but even if so, I’m risk adverse so would probably keep it my HYSA)I did run the numbers if I were to prepay $60,000 now and it appears the IRRs are lower (because of the higher cost basis).

I would guesstimate that annual revenue is just below or around the million dollar mark with a labor percentage around the mid 20's!

JUST SIMPLY SAY TO THE REALTOR- "HELLO MY NAME IS_ I AM A INVESTOR AND LOOKING TO BUY, FIX, AND SELL, I WANT TO MAKE $25,000 INTO $30,000, THIS IS NOT A LONG TERM STRATEGY,I'M LOOKING TO BE IN AND OUT OF THE DEAL QUICK." 

. #3 Park Circle has matured, but N CHS as a whole is probably still a good area with a long term horizon.

- Has anyone else taken a loan with similar terms?

Many are finding Airbnb to be a better option for long-term stays, and they can negotiate a better price then what hosts get off Furnished Finders. 

Most technicians say there is no.reason to do an abatement but they are not thinking in terms of risk.

Looking at long term renting vs short term airbnb.

Our recent mid-term rental guests moved out and left the place immaculate.

I would have done things a little differently in terms of purchasing our second property, knowing what I know now.