Lenders are not permitted to disclose loan terms conditions or even borrowers names until the loan is in foreclosure.

I used to live in northern Illinois, so close to Wisconsin - there are several smaller towns around lakes that would be good for short term rentals. 

The downside of this strategy is that the borrower has some leverage to negotiate terms that benefit them in exchange for the Deed in Lieu.Plan executedGiven that we had ruled out the first two options, it became clear that we were going to end up taking these properties back along with inheriting any accrued liability.

Originally, I didn't use service contracts, but with the cost of labor in NYC, it's far safer to use a service contract than to take a chance that nothing happens.

Many lenders offer flexible financing terms up to 85% in some instances for investment property transactions. 

Originally posted by @Erik W.

I would try to find a short term/mid term rental friendly agent who might be able to give you super accurate feedback on the market

If it's a single family house, it should be tenant responsibility but if it's a multifamily, that's when you may need to take care of it - it depends on your lease terms and should be stated there so both landlord and tenant understand whose responsible for it.

I personally love Columbus in terms of doing value add.

Hey @Donod Sadu - this isn't uncommon when payments are setup on auto without a definite end term.