No surprise, but most lenders won’t touch a DIL.On the other hand, some lenders also flip houses or hold properties, so if the home is in good shape with equity or the potential to drive equity, they could be interested in owning it.

Navigating STR regulations can be challenging, and I'm considering potential locations in Vermont, Rhode Island, and upstate New York, specifically around Syracuse or the Jay area.

By investing in quality renovations, I hope to enhance the value and appeal of my home, as well as potentially lower my insurance costs.Strategic Renovations to ConsiderAddressing Four-Point Issues: I've addressed the issues that needed to be rectified before obtaining conventional financing.

As soon as you say rent control is legal, you already lost your private property rights.

@Cp Rahaim,Typically the airbnb estimators focus on your potential revenue.

Investment Info:

Other other investment.

Purchase price: $14,300

Cash invested: $14,300

Multiplex developer property near waterfront.

They show you potential savings - if everything works in your favor.

., use the money made here to travel other places.There are too many potential problems that could arise that would be out of my control.That's just how I see it.

IF I can get my unit turned over fast enough, I can potentially have a new guest in the day after someone moves out (move out in the AM, new guest in by late afternoon the following day).

My aspiration is to explore all potential avenues to turn this property into a profitable asset.