Originally posted by @Sharad M.: Hi @Daniel Levine The cost will depend on how much work there is for the bookkeeper.

Hey there,Does anyone here have experience in running a mid-term rental in Philadelphia?

Also, what are you main reasons for looking to STF in Rockford, not knocking the area by any means but there is so much opportunity within the city limits where you're less likely to have extended vacancies.Short term rentals have taken a beating this year, while long term rentals have seen an uptick in what they can charge due to high home prices, and inflated interest rates.

The original lease was provided by the Real Estate company who listed our place for rent and secured my tenants. 

Make sure it explicitly explains the process for termination if you are unhappy with their services, but especially if they violate the terms of your agreement.3.

DSCR doesn't use your income or assets to determine the loan terms. 

This may slightly affect the types of financing options available, but if both applicants are well-qualified financially, you should still be able to secure competitive financing terms.

The deals are very conservative and are mostly wealth preservation with modest cashflow (3-4%), but they've performed for me even while many syndications originated at the same time have been failing. 

If not I looked on Vanguards website and they had a short-term Roth IRA.

This method allows you to set terms that not only cover your existing mortgage payments but also provide additional cash flow each month.