Things are changing weekly if not daily with banks.

In order to come up with the pro-rata (daily rate) divide the monthly rent by 30.  

Of course the property will go under the bank's scrutiny prior in terms of vacancy rate, daily book rates, and monthly operating income. 

To make it easier I have added the holdover cost to my lease which is about 1.5x the daily rent rounded which I feel eliminates hard feelings or confrontation at the end.  

After that, I will remind myself to repeat my daily affirmations. 

Add this exercise to your daily deal analysis practice. 5. setup subscriptions for small multi’s above 3,000sqft with Zillow etc to see what hits your inbox and keep running the numbers6.

I will buy you guys a beer, or a sweet tea.

You will have complaints daily at that property. 

I always recommend to people investing that they should really try to work with realtors, lenders, attorneys, that are investors themselves or at least extremely nonweldable in that space.Always be trying to learn more, constantly read, watch videos, watch podcasts, and most importantly talk to people in the space.Once you have all this set up and sorted out a bit I would start to look at property online daily so you can learn your market. 

Our business is still running, we are working on it daily and are seeing some regeneration.