I have used them in the past when I had a client with unique needs (no income verification/self employment loan) but have not yet used this product, as it is brand-spanking new. 

Hi @Caren Magill - I own a local STR/MTR management company and would be happy to run an income analysis for you as well as give you the pros and cons of holding it as an MTR.

If you start "just asking a question" without charge, next thing is we have 20+ people "just asking a question" without earning income for our time.As an investor, how many times can I use your property for a few hours for free?

Cheers,Abhi One thing to keep in mind, STR incomes are not guaranteed.

Ask then this question "If you owned the property how would your STR income have been affected?".

Just a few comments - if he withdraws or takes the distribution from the 401k it is taxable as ordinary income and not sure what impact that would have on his tax situation.  

During all those years he had a lot of expenses, but no income on that deal....and those kinds of deals usually evaluate several sites, and it could have just as easily disappeared.Residential....I would argue that there is always a market. 

Does it refer to the gross income alone, or does it include additional components like cleaning fees?

While we do appreciate the steady income from mid-term guests (which is a real plus in these economic times), we're trying to strike a sweet spot between our short-term and mid-term rental approaches. 

NINJA, which was short for no income, job, or asset verification, ensured that everyone was able to get high with increased supply continuously coming on the market.We barely noticed any change in the weather.