If they show up call the cops ASAP.

I detail a lot of this in my podcast I have been hosting for 7 years called The Investors Guide to Memphis Real Estate. 

And no matter what, straight percentages of the income don't work...unless of course you slide the percentage around for the above-named variables, but at the end of the day your resulting answer will break down to $/unit so you might as well just start there and dump the percentages.

That being said it is a no win situation because even if they accept it I will probably deal with this again with the tenant.

Luckily its only a mile away and a short drive with no street lights or traffic. 

Give the bank a call @Amanda Seth - See if they can tell you.It's different everywhere so hard to give you direct feedback.

I’d love to get this group’s thoughts on what to do with 3 acres of undeveloped land (no septic, no water) in the Texas Hill Country that I plan to eventually pass on to my children (read: never sell because it’s family land).

Hi Adelaide,For STR - you are going to get most of your business from all the sports events -- racing - Indy 500, football -Colts, NBA - Pacers, WNBA - Fever (Caitlyn Clark), We just hosted the Olympics swim trials, other events include Big Ten Championships, NCAA tournaments (NCAA headquarters here), and the Combine (recruitment for NFL).We also have a pretty busy convention center -- not huge like Vegas or Orlando, but it is solidly booked year round with events like ComiCon, GenCon, Firefighters Association, Future Farmers of America, Candy Expo, and various others.For MTR, you are looking mostly at traveling nurses and medical personnel, you also may get contract workers for the larger corporations like Lilly, Sales Force, or Rolls Royce.Happy to hop on a call and discuss further.

I used an app called Backflip. 

The showing is scheduled and as long as no big concern arises, I am going to make an offer.