Educate and show before and after results once you take over management.

If you're going Conventional, you'll need to take title personally (not in an LLC).DSCR loans are pretty friendly towards STR setups, but you wont be able to stay in/use the property at all if you get a DSCR loan.

(To determine how much money you would have to borrow at today’s higher interest rates.)I’m guessing you should probably stay put unless you have a chance to take the tax free sec-121 money then MAYBE it makes sense.

Even if you were, why would someone take these terms? 

I have had others strip the house literally to the studs.. take their wows out on the house and you.So do approach them very gently and ask them what their plan is as you will need possession. based on their response will give you your next course of action.

I will take a look at them.

Assuming $200/month “cashflow”, it would take 2+ years to make up for the difference, meaning this house is cashflow negative for the next 2+ years.

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

@Xingcai Wu Keep in mind, rent assistance from the government may take several weeks before you receive approval.

She is a veteran so we're thinking a VA loan would be the best route to take to get financing.