Insurance costs are also a bit different, but at the end of the day, the home was a better option.

Thats a $22k difference between me paying a upfront fee and a success factor.

I have received 3 different but similar explanations from tax professionals.

Hi everyone my name is NateI live on the East side of Grand Rapids downtown Fulton street.

These all have different requirements.

One is an MTR where we rent long term for 6-7 months then becomes an STR for the summer - the ring camera stays and so far no one has asked anything about it.LTR may be a bit different.  

If this makes any difference, there is a possibility that we will move to a bigger home, in which case, the in-laws will move along with us, and we will either rent the existing home or sell it.

Currently us at Landmark Property Management use over 75 different listing sites as our main marketing strategy.

For commercial multi-family, this will be different, and having 1.20-1.25x could be the requirement for best rates and terms.

They are going to be two very different markets.