This house is also located in the ideal location to be a weekend/short-term rental.

I like the idea of short/mid term rentals more then the long term...one big reason is not having to move all of his stuff...or at least being able to take my time.

It's our first time setting up a medium term rental and bought a house with 6 bedrooms that the previous owner had been renting out as an MTR for travelling nurses (by the bedroom).

We also try to identify hot prospects in areas subject to waitlists for those that intend to personally utilize the property for vacation usages or rent mid term (30+ days) until a permit can be secured.

I have found that most section 8 tenants, want to leave on good terms, since their address history follows them around.

Why do you think purchase contracts are so long and have such small print?

How do you estimate just how many residents will stay long term vs. decide to leave or perhaps pass away during their stay?

My favorite credit union is Navy Federal, because they offer a long draw period. 

If the new buyer defaults on payments or otherwise breaches the terms of the mortgage, it could impact your credit and financial situation.Market Demand: Consider the market demand and potential buyer pool for properties sold under subject-to arrangements.

A word of caution, though, from calling tens of cities and counties here in Colorado, even the supposed experts don't always know what their own short-term rental rules are.