@Jagan ReddyI own several long term rental properties in 38127.

However, if the new month to month leases change any terms of the existing oral agreement (utility switch, rent increase, etc.), the tenants will need appropriate notice of the change in terms before they can be asked to sign new leases. 

But long enough for the billing to have been changed.)

Can I ask what kept you from purchasing yourself for so long?

I have picked up a curiosity and even passion for short-term rentals and hope to own my own STR property in the area of the University I am attending. 

Not if your strategy is long term buy and hold.

You can get a DSCR loan with a $55k minimum as long as the property value is at least $75k.

How long have you been an agent?

Then he reaches out to that company to get them to book his MTM.Would a long term rental cover your costs until travel recovers in a year or two?

It entails verifying leases, contracts, and financial records in order to acquire a comprehensive picture of the property's financial health.