I have been hearing more about airbnb in the area of East old Brooklyn directed toward travel nurses in the area

I currently manage a highly successful short-term rental arbitrage in Houston, boasting over 170 reservations in the last three years.

The one side was move in ready and currently hosts a long term tenant that covers all the bills for the property.

., 6.125%, 3.204pts, 25% DP, no ppp - 8.72% CoC ($82K savings over 30yrs) If you plan to keep this for the long haul (10 years) then you really should look into at least a couple of quotes with a 5 year prepayment penalty (Non QM - DSCR) - this should be able to get the rates down on that to near your conventional quotes

Is it legal for me to show the property to the prospective tenants as long as I don't collect commission or sign any paperwork. 

Why do you think purchase contracts are so long and have such small print?

In this case, where they NEED to secure a new rental vs a case where they merely WANT to move, they’re expectations will become realistic VERY quickly.If a property owner could net the same amount of money doing a long term rental, then that’s what they’d do so to avoid the more work and less uncertainty of 30-90 day rentals.

Purchase price: $290,000 Cash invested: $45,000 Short Term Rental (Airbnb) What made you interested in investing in this type of deal?

This is because insurance proceeds are the path of least resistance in terms of collection (more on this below).

Which of the two, SBA or commercial loan, offers the best terms?