While the IRS is not going to check you for the airbnb permit, your city could shut down your operation if they catch wind of what you are doing. 

I've recently had several applicants with eviction cases that were dismissed without prejudice.Our policy is to not rent to anyone that has ever been served an eviction notice, and they are asked the question multiple times (most lie), so they get turned down anyway, but I really would like to know what this means exactly. 

Hello investors, I'm a first-time landlord who lives out of state and seeking advice.During pandemic, I purchased a rental property near Austin for around $380k with 25% down and a low interest 30yr mortgage.

I’d recommend going with a broker as they usually have better interest rates, and paying attention to rates (mortgagenewdaily.com) to see if they’ve fallen since you locked your rate and you could potentially float down to a better interest rate

Also the property rents for 2K and has good cash flow.Hey Mikal - that deal would be pretty easily done as a DSCR but the main reason you would want to go that route is if you want to 1) put title in an LLC for asset protection 2) qualify off the property's income and not your personal DTI 3) keep this mortgage off your personal record so you can qualify for another conventional loan down the road

I'd rather not do an entire cash-out refi because I have a much better rate on the property than I could get today.With a 70% LTV planning factor, I'd still have plenty of room for the cash I'm looking for to make the down payment (~125k).Thanks for any help/advice!

Much different than a traditional acquisition.I always suggest having this down before engaging an attorney.

The big ski areas in the west seem to be cracking down on STRs more.

In property management, every property goes down the assembly line.

usually its 30% down on the purchase providing 100% of construction upto 65% ARV .