So when I refinance out of a short term loan, there will be a nice chunk of built in equity.

There’s a lot of good areas around here to invest in with a strong long and short term rental market with all the military and tourism.

@Colin Perry Is it a short sale you are trying to buy on auction.com?

Looking at long term trend lines I think we still have a 25-30% gap to fill in the next years and short of a black swan type event that will happen, because there is no way that supply can catch up with demand.

My first house ever purchased was a short sale that I picked up in June of 2012 for $135,000 that my wife and I lived in for about 3 years.

I have been thinking about buying a 2 family, renting in one unit and living in the other in the short term.

We've also put together some training events for short-term rentals.

That relatively short drive was rather illuminating; the neighborhood was pretty bad and the place needed much more than just a roof.

Just wondering if it’s allowed to view the inside of a short sale home before purchasing it?

Right now it’s break even for cash flow, but i see the clear path to increasing the rental value in a short amount of time to get where i want to be.