Or is that even an issue seeing that renovation started a year ago? 

In PR you MIGHT be able to get financing but that's typically the biggest issue. 

Folks bought them thinking they were going to rent out every night and got mortgages based on those numbers and are now having a rough time, especially with the lack of snow this year we've had, which is the major draw for the area. 

If you cannot budget for or handle the issue(s) you are covering then dealing with the issue(s) could be catastrophic for you.

I work with a lot of landlord clients to help them resolve disputes with holdover tenants who are often not paying and causing issues with other tenants in the properties too...Reach out to me direct at the number in the signature below or simply DM me thanks. 

@Amelia Gull @Dave Foster can answer about any non arms length issues…he’s our expert.

., 5%), you control 100% of the property and benefit from 100% of the appreciation, despite the bank financing the majority of the purchase.What do I mean by that?

It is also important to inquire about any potential zoning issues or legal issues that may arise during the renovation of a burned home.

I get spending money on an empty place isn't fun but I think with good flooring, you may more easily find a tenant and also will have less issues in the long term with a stained/gross carpet.

🌆I Own Investment Properties but I Still Rent -- Maybe you've chosen to rent in a major metro because you want to live there, but got started investing out of state.