I am not aware of how much the rent is but do the math, 3, 4 months no rent, plus 5- 7 k rental turn.

Quote from @Jon K.: If it’s that good of a deal, hard money lenders would line up to fund it.

Quote from @Ryan K.: @Eric Yu I am looking to do a mid term rental house hack in Seattle.

Quote from @Arif K.: There is no legal requirement to respond to her threats.I highly recommend you hire an attorney and get rid of her.

Quote from @Steve K.: I was showing a house with a garage converted into a bedroom to some buyers this week.

I k ow that anything that sounds tempting has a catch in it, so I was wondering if there's anyone here who has experience with renting his / her properties to traveling nurses, that can share the experience or just the bottom line - if it's worth it or not ?

I dont have a choice all my banks require at least annual update financial package to include :Tax returns.copy of all K 1sPFS  ( Personal Financial Statement)When I had an airplane loan that lender required the same.. and I think some DSCR loans require these ( I dont have any DSCR loans just what I have read )

So, passive real estate losses reported on a K-1 remain subject to the passive loss limitations.  

Hey Joseph, I 100% understand what you're going through.My wife and I used a HELOC, 401(k) loans, and even an additional personal loan to acquire rental properties in Detroit from 2019-2021 ultimately acquiring 12-doors.We paid cash, renovated when necessary but some were also turnkey, and refinanced out on the backend.

Quote from @Steve K.: I don’t see this changing much in my market.