First off there are complanies that do what you want to do currently- buying older homes, fixing up and then reselling.   

I would be firm with the agent that you want wording that states something along the lines of "property is currently used as a successful midterm rental for 30+day stays and financials are available upon request."

Hello, I am currently doing long distance flips in Pittsburgh, PA and I am from Long Island, NY.

I’m currently reading The Millionaire Real Estate Investor, and have the following books to read: The Book on Rental Property Investing by Brandon Turner and Section 8 Bible.

Here is her current situation, if you can help me understand a bit more. - both husband and her have w2s, she would quit her job to focus on RE full time. - they have 3 local and 3 out of state long term rentals.- the 3 local need a lot of work, she has been cutting rent due to not having updated flooring, appliances, etc.

Right now we're using the profits we currently are receiving from this rental to build our emergency fund for it.

I will be inheriting a 3 unit property in Wheat Ridge that I current live in the main house.

The seller is seller financing me the property with a balloon in 3 years if it appraises for the current purchase price in 3 years.

Furthermore, on the cost and labor side, there has been no/limited easing.Personally, I do not think that the luxury traveler is in the market for April and May.

The agent recommended I talk with my current agency and get the renewal adjusted to reflect the property was occupied.I took the advice and reach out to Goosehead (my current agency).