Now, I wouldn't be so short about that post if she didn't have "real estate mentor" in her signature line, that implies knowledge and experience, 17 years is long enough but if you're not current then much of that can be irrelevant, we get a lot of folks on here with guru knowledge based on folklore, just be more careful as to what you take in off the internet. :)@Jaylyn Heartso   First, what is "MMJ friendly"?

Oren K.This is really no different than the instance in other businesses where a client does not pay, or short pays, an invoice.  

Around us there are several properties listed with "currently rented" rates that make the deal very attractive from a monthly income point of view, but you don't know what you don't know.

@Shannon K. if the ARV is sufficient enough to cover your renovation and CC, then the short answer is yes.

However, a well thought-out JV is very attractive to me.

Usually either a short term loan with goal of owning free and clear in 4-6 years (no cash flow, let the renters earn you a free and clear house quick) or a 20 year term allowing double digit cash on cash returns.

As a realtor, I look daily at all of the potential deals in my market from REO's, NOD's, Short Sales etc..to the 40 unit Multifamily listings available.

I replied after reading the rules but my short and simple reply was deleted!

There were presentations on short term rentals and monthly leases that definitely got me intrigued.  

Not onky that but you can hold on to the cash flow properties till they are paid fully for your retirement so its a short term and long term benefit for both of you guys!