Decide on your readiness financially and risk tolerance before developing an investment plan that is comprehensive but is able to grow into a long term wealth purpose.Good luck!

The bad thing is, you are around your tenant a lot :) Get the terms and conditions in writing.

Unfortunately, there is nothing you can do until the current lease expires unless the tenants agree to sign a new lease immediately with your terms. 

If you ever need any assistance related to long-term renting (rental analysis, trends, etc) feel free to reach out, I'd be happy to help!

I’m interested in the grant terms.

We are building apartments for short and long term rentals and for condos for resell in Dominican Republic.

Here is how it appears on the app:Mortgage Information        ^Equity percent:48%Mortgage amount:        Mortgage term:$93,000                            0 yearLender name:First Horizon Hm LnAssessed value:$178,800

The short term rental loophole is for rentals where the average stay period is 7 days or less.

There was a flurry of furnished midterm and long term rentals available, and I suspect they were not successful so they are now trying long term rentals.

currently don't own any property, have no desire to own property. but the renovating to increase rent is a smart long term play!