Also, what’s the best way to ensure the area is safe and desirable for tenants?

We found that two key factors significantly helped us succeed with our short-term rental (STR): using NightlyPricer instead of AirDNA and opting for Safely Insurance.NightlyPricer: Rather than relying on AirDNA, we chose Nightly Pricer, which provides more dynamic, real-time adjustments based on demand, local events, and market trends.

Hence if the lease clearly has terms against this and section 8 is supporting the rent, that is your best bet to ensure the tenant complies with the lease.

(N.J.S.A. 2A:42-10.16a).If a tenant habitually pays late, you then can go to court more safely and not have to worry about them coming even at the last minute.

As they see their money is safe and you're succeeding with your plans, they'll usually ask to increase the amount of money they loan to you.

Make sure the location is safe first.  1.  

I hope you are staying safe in this difficult time. 

Ft)For ARV, it is best to have an experienced real estate agent find comps for you to determine a safe number to work off of. 

I would say for most people, the 1st position heloc is no a good bet, especially if you have a 1st mortgage rate of less than 5%.Using this strategy with a 2nd position heloc can be just as powerful, so you can have your cake and eat it too!

its highly risky for most mom and pops to sell on sub to.. and its simply not a way for those without substantial wherewithal to buy property and keep the seller safe..