Short term rentals are a lot of work, so if you want more freedom, do a long term rental.Having a house that is paid for goes a long way to financial freedom.

Hopefully someone can use my method on how I doubled my portfolio in a short period of time.

Interestingly, this from the American Association of Private LemdersFew know that the American Association of Private Lenders was for a brief period in 2009 (the same year it was established) called the National Hard Money Association.

I was hoping to post what he is suggesting and get some feedback on whether or not this seems like a good idea.My agent/loan officer says he can get an interest-only ARM at a 5-7 year introductory period. the numbers we were using worked out to $6000/month interest-only payments.

Congrats on your massive success in a very short time!!!

@Amit Shukla here is a blog: https://www.anomalycpa.com/post/clearing-up-confusion-on-the-short-term-rental-tax-a-biggerpockets-top-post

Could also be a candidate for a short sale.

These people include:@Dave Short@Shawn Holsapple@Ryan Mullin@Will Hull@Brett Snodgrass@Stephen Barton@Don HarrisAccount Closedand many more I'm forgetting at the moment.  

Now onto the concerns.Concern 1 - It has been on the market for 4 months and the ask price lowered from $180k down to $90k over that period.  

Would you take the short gain and make 30k or risk another 30k to get 50k, or risk another 30k and get 1300 in rent each month?