Mark Allen can you please share your copy?

I have some homes in Ft Lauderdale and excel in the Short Term Rental space. 

Do you know who is in that space?

This seemed like a good deal to me, since the seller is paying for this and it would also give me time to hopefully refinance into a good rate before hitting the 6.875% mark again.

I figured as much since you had a bunch of question marks and exclamation marks in there and a few incredulous capital letters :) .

You can rent the space to an entity that is looking for more space (passive, less scale) or you can run your own sober house like Devana does (way more management, way more scale).

If you have a 6 bedroom in an area that does not have a university (students looking for shared space) or is in a family friendly place it may sit vacant longer between tenants.For Capex, try not to use a generic number - look at the roof, furnace, hot water tank, kitchen - when will each need to be done and what will it cost?

Quote from @Mark Pedroza: Quote from @Sergey Tkachev: Quote from @Mark Pedroza: A warm welcome @Shannon Bloomfield@Sergey Tkachev holds a monthly meetup in W Sacramento the third Thursday of every month.It may be a drive for you from where your located but maybe I'll see you there ....Warm regards.... 

You will likely have to lower the rent because you are taking space away from them AND making them share space. 

Hi Sanat,There are plenty of great lenders around the BP space that can help you out with investment property loans!