I think they call that a long term rental. :)Seriously, it will be treated like a LTR.

Long story short: conventus has turned over servicing to shellpoint.

Roseville and Rocklin are great areas for long-term stability and growth, but the prices are quite high and the rents are LOW, and they're not friendly in terms of regulations for STR. 

We have been contemplating our strategy to start our business by having my sister buy her first home locally here in Connecticut, a duplex as her primary residence and live in one unit with our mother, while renting out the other unit to a resident, and be able to also rent out her single-family house as a short term/midterm rental to traveling nursers/working professionals on furnish finder.

Purchase price: $285,000 Cash invested: $40,000 purchase Price $285kRenovation Cost $40k (on budget)Renovation Time: 41 daysARV: $425kIf you are looking for a long term or short term rental in old town alexandria or just a small / tiny home primary residece with NO HOA right on King Street, this is your home.Contact with questions, interest, referrals of anyone you think might love it. more photos will be uploaded soon.

Obviously if you don’t feel comfortable doing it yourself then don't, but it’s a pretty easy process and there are tens of thousands of reviews of people who have also successfully done it. 

Purchase price: $140,000 Cash invested: $30,000 Sale price: $350,000 SFH - Long term hold

However, if the new month to month leases change any terms of the existing oral agreement (utility switch, rent increase, etc.), the tenants will need appropriate notice of the change in terms before they can be asked to sign new leases. 

Realize my income is too low, my cash reserves are too low, and my timeline is too short.

It doesn’t matter to me if he is or isn’t represented and I told him that it only changes the terms of the deal and how much he gets, my offer is the same.