Our proven systems and personalized approach ensure that you’re on the path to making your goals a reality.Next Steps:Set up your Private Money Club AccountIf you haven’t already, make sure to create your free account at www.privatemoneyclub.com.

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

What would be the right way to approach the bank about this, and who at the bank could void this term of the loan agreement? 

It’s done but can be risky.Just my 2 cents and how I approached my real estate / home ownership process - not saying it’s right or wrong just sharing my experience

I’d be very grateful for any advice or recommendations on how best to approach these modifications.Also if I were to refinance in the future to pull out cash from the property, is this something that banks could refuse to lend on if I have code violations of lets say a wall that was moved or removed?

I've been watching Chad Carson's videos and his approach of accumulating more properties than you need, then start using that income to pay off mortgages and cull the lower performing properties makes sense to me. 

Though I've had a lot of doors shut and people hanging up from cold calls, it's helped refine the way I approach people.

Or maybe by then you will just bypass the STR thing and go a different direction.What do you think is that best best way to approach the real estate business?  

YouTube is a great platform for marketing, and starting out can feel overwhelming, but it’s manageable with the right approach.

If you go to court, there's some cost to that and you'd be risking more escalation if they sought counsel as well.My approach for problem tenants is just appease them if the cost is minor and then not renew the lease, or even cash-for-keys if necessary.