What are the terms (payment amount, interest rate, duration, etc.) of the existing financing?

The partner in question has multiple times the loan amount in his bank accounts/liquid assets.You should definitely be able to find other options with more competitive terms.

Hi @Renzo Figueroa, I know someone buying properties in the Tampa Bay area with a unique rental strategy that is grossing around $4200-4500 per month in rent based on long term rentals on properties around the 400k price point.

Make sure it explicitly explains the process for termination if you are unhappy with their services, especially if they violate the terms of your agreement.3.

Maybe under the right terms the buyer you find may chip in to help with the water damage.

A key data point will be mortgage terms.

Also, what can be rented out easily, in terms of size and number of bedrooms?

What were the terms?

Hello everyone,I've been managing my short-term rental (STR) in the Orlando area for a few years now.

You get your money without the tax hit at the moment and hopefully continue to profit off them,   If the objective is long term passive income, it doesn’t make sense to sell them… it moves you away from your goal post.