I regret every property I sold 10 years ago (except the ones in the hood, that was a short term experiment I am glad I got out off).Your total net worth contribution is a lot higher than 0.6%, just the paydown of your loan is double digit ROI.

BiggerPockets is an amazing platform and inspired me further to dive into long-term rental idea.

To be honest, I am not completely confident I will be successful, but I have mentally committed to making a consistent effort towards progress.

@Joey Andres I email an addendum stating that rent increases to $x and lease term is extended to x date.

How do I find an agent who specializes in Mid term rentals?

Together, we negotiated favorable terms with the seller, ensuring a swift and beneficial transaction.

. #2 The buyer of the note receives what they want out of the terms of the note. #3 The purchaser of the property and making the payments on this note, (myself) can afford the monthly payments because of the rental income.

Together, we negotiated favorable terms with the seller, ensuring a swift and beneficial transaction.

Best,kelsey  If you decide to pursue DSCR financing, I would first want to make sure if the lender is okay with it being a Mid-Term Rental.

Offer the seller a first lien on your town house of say $300k, and a short term first lien on his house of $300k.