I have two units up (out of four) for lease renewal at the end of July.

We focus on year leases and sometimes allow existing long term tenants to do shorter renewals if they're nearing the end of tenancy and moving or what not.   

So, perhaps at the end of each month send them a message to remind them about paying.

2nd home mortgage at 8.625%, will be refinancing end of this year or early next year.

He mentioned they’ve had trouble paying on time lately.2) This place rents for $1,500 now, could be as high as $1,650 fixed up more but the total mortgage payment with taxes and insurance would be about $1,500-1,600.

I ended up having to use a combination of CALVET and VA loan because my second home was more that the limit allowed by VA.

At first glance though, it looks like investors can go as high as they want (while still qualifying for a loan) and as many times as they want.

And application cost way too high 297 non refundable.

I ended up finding another deal and put that VA construction loan on the back burner.

Since it ended late.