I think in VA if it's in question, I have to post notice that tenant must notify me in writing within 7 days if they intend to stay and if no response, I can assume it's abandoned and follow next procedures for turnover and security deposit. 

If the property is located in a vacation or coastal zone typically lenders have fairly low barriers to what constitutes a second home.

For STRs, you're going to price according to your market but also most likely using a dynamic pricing tool to take into account location-specific demand fluctuations.

Consider all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

@Jason Allen a wise question, but there's no specific industry standards in the SFR area, like there is for MFR.Read below for what we use:Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.When investing in areas they don’t really know, investors should research the different property Class submarkets.

I have been looking to buy my first primary house for over a year now and due to the prices I never was able to secure anything.

Hi All, I have an opportunity to purchase a piece of land that I think will be great for a mobile home park given a number of location constraints and opportunities.

I'm reviewing your excellent seller and buyer presentation, etc. videos on YouTube for LO deals, and rewriting some (hybridized) 'scripts,' as I can't locate any that are to my liking, and persona.

If rents are strong and support your $2400 rental price and you know you could readily secure a replacement tenant at that price, why negotiate?!?

I don't have anything to add other than congrats on taking action and securing your property!