We have a portfolio of market rate and affordable properties in MN, expanding into IA as well, I'll shoot you a message, love to connect.  

Attaching a premium to a month to month contract will either motivate them to sign the original or the m2m at new rate goes into effect.

Investigate rental revenue prospects, market trends, vacancy rates, and regulatory issues in possible investment locations second.

So we have a networth so far of:104k - 15k = 89kBut, we depreciated the property for 2 years at 3.7k/yr total 7.4K taxable amount  which we would owe about 1.8k at 25% tax rate (I might be off a bit here and there)Final total net worth from what we thought it was 120k now is 87.1k which is a big difference!

And those that still write policies, have raised the rates a LOT. 

Awesome thanks guys just trying to see how I can carry a bit less with expensive interest rates since the seller was agreeable.

The loan could be secured by the property as a note and mortgage and that way you define the payment structure and interest rate to pay them.

Most insurers viewed it as a nursing home quoting rates of $10k annually for a home valued at $129k.  

I understand paying a fair rate for services but I expect things to be transparent and timely. 

Median home prices skyrocketed during the pandemic and rental rates couldn't keep up.