@Tuan Huynh I have several units that I medium term rent to travel nurses/doctors here in San Diego and in process of renovating and converting yet another...I personally love it...I thought I'd naturally have more vacancy than a long term rental but so far in this first year i've been trying this out, no vacancy yet.

I had not thought of that in years :)Don its Dave Del Dotto  :)  he has a few wineries in the Napa valley and makes great wine..

When we negotiated the rate they thought 4% would be a great deal for them.

@Wayne Brooks I read it wrong I thought the electrician pulled the permit.

I thought I would have a pool of good candidates after the new year (it was the case last year around this time) and I would have no problem placing a qualified tenant by Feb 1 or latest early Feb but the activity level has been very low.   

Prepare for extra holding cost expect budget and the timeline to be more than you originally thought.3.

Little background - As a married couple, since 2016-2022 we used a local well-known CPA in Austin,TX who prepared our taxes (and helped with some tax strategy/planning) for a W2 HIE + business owner.

My CPA gave his opinion on the matter but being somewhat of a nonconformist i thought it would be prudent to get some external opinions on the matter as it has meaningful implications.

What are some thoughts on putting say 30% down to increase cash flow a little bit and pay less interest over the life of the loan ?

But you need to be prepared to back that up.