This type of short-term loan can provide the funds needed to renovate the property.

Negotiation tip #47, make it as simple as possible for the other party to accept your terms.

It might be just me... but I don't think long term rental might be the move here. 

I know it’s going to take a lot of digging and possibly building my own pipeline for off-market leads to make this strategy viable long-term.

The MSA will set the general terms for ongoing relationships with your subcontractors, like jobsite cleanliness expectations, payment terms (i.e.

.): ~$1600Savings available: ~15-20% of the purchase priceCash to close: ~$34kRehab estimate: ~$34kRemaining reserves: ~$20-25kTo fully fund the rehab, I’d need to come up with an additional ~$15k in the short term, which I anticipate paying back quickly once the rental portion is generating income.

I give them a deadline to respond, very clear terms of how we will move forward with the option they choose, and I make it clear this is my final offer.

Whether you're looking for short-term rentals, long-term rentals, or fix-and-flips, Florida has something to offer.Favorable Tax Environment: Florida boasts no state income tax, making it an attractive option for investors looking to maximize their returns.Year-Round Appeal: Unlike seasonal markets, Florida offers consistent rental demand year-round.

You can also search for local FB groups that specialize in longer term stays.

I'm born and raised in Houston and now work with a full service long-term rental management managing over 300 doors - all SF or MU (up to 4 unit).