I understand my new rate would be higher than my original 2.4% but I would like to convert my fha to a conventional loan, so that I can use an fha loan on my next prop and not have to put down 20%.

Its a very strange situation, I see lake fronts charging 400-500 in the summer which is understandable so I as well as the others in the area without it charge $190-250.Now like I said many of the one bedrooms in the area are not up to the standard that mine is and have bad occupancy at $140 a night in the slow season but I did find a property which is farther off the water and a few neighborhoods over that charged $275 a night and is pretty packed but no better than the $140 ones. 

(BUT when qualifying the tenant's income, they only need to qualify for their portion). 2) Consult an attorneyyyyyyyyy :)3) Standard I've always used is no more than 7 days per month and max of 14 days per year, otherwise they would be considered an Occupant and need to complete a background check and add to the lease. 

Hi,I am planning to get my first BRRRR project in a month, but I am having a hard time understanding the finance part of BRRRR. 1.

Obviously there can always be exceptions, but that is not the standard or common deal. 

From my understanding, you can only claim 60% for 2024; I do not understand how much bonus/accelerated depreciation we could take on a 1.8M property without a remodel.

I don't understand why you had to pay them anything, but I'm glad it worked out.

Electrical outlet is only a few feet away.Just to confirm the standard anode is usually 3-5 feet long making it very hard to replace when the HWT is sitting on a 1 foot stool, correct?

I understand the adjustments and concerns.

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.