Purchase price: $156,500 Cash invested: $210,000 Purchased for short term Rental, Focus on traveling nurses, with airbnb as a back up plan.

I see many properties back up for sale two years after they were purchased.

Even if it meets your rental criteria, It is best to have a back up plan if it doesnt get rented out.

One of the tenants in my duplex poured a tray of lasagna down the toilet resulting in sewage backup and $450 worth of remediation.

In 3 years I will have over $2500 additional monthly due to child support ending, and I am curious in the interim if a HELOC is a good backup plan should renters default or the market crash and I have trouble renting. 

You want an automated platform that will charge the late fee automatically and allow the tenant to add their bank account and backup cc so it takes rent automatically so you aren't waiting on checks.

Plus you then have tax free exemption and back up property to potentially move into if you sold the primary.

Here's hoping inventory goes back up April/May/June and also on an annual basis.

I told him I am ready to send in an offer if they are accepting anymore backup offers and he answered, "Yes, please send them in". 

There are signs of the market picking back up, but the general thought is your typical office user is going to want ~20% less square footage now than they used to if we're looking into the future.