In terms of timeline, don't plan for it to be a fast process, your rockstar local loan officer will not be processing the assumption, it'll be a group of call center people reading scripts from a computer screen.

@Nathan Gesner  In RI it is now 90 days they can provide the check and you must accept it, to me that is too long.

Hi All - Looking for my next investment move and considering diving into the short-term rental market.

Usually, mid-term leases are a reasonable option for people in this profession but there are so many other professions/needs that most people probably don't target that worker specifically.  

To calculate net operating income, deduct projected operating expenses from estimated rental income, including property taxes, insurance, maintenance, property management fees (if applicable), and any vacancy allowance.Second, think about working with Buddy to get better terms.

However I don’t see anything wrong with tenant #2 playing their music during the day as long as it’s not at night. 

The ultimate goal is to start scaling and eventually would expand into another state such as South Carolina for short term rentals. 

When I first read this post a long long time ago, I wanted to reply with...

I've only had short term guests through VRBO and did not have require background checks.

I prefer not to evict so long as the portion is sent every month, even if it's not on time.