In terms of doing a refi the house would be compared to others of the same value and adjustments made for BR or SQ FT. 

Nowhere is safe.  50 years from now short term rentals in residentially zoned areas will not exist. 

It will be difficult but not impossible to find a lender that will take second position and very likely the first lien holder will be apprehensive to a subordination agreement..The terms will not be as favorable likely in the 7-8%'s I/O but on a new mortgage there are investors that theoretically can finance 'unlimited' units..I think with our team it's 250+ up to $100M.

But the damage to the blinds and the cost of removing trash definitely justify holding back some of the deposit.As for the documentation, it’s a good idea to provide a detailed accounting statement along with receipts for any repairs or replacement items.

At least in terms of rent, college students are paying 1100 - 1600 to rent by the room.

S&P has lifetime return of ~10% and a recent long term return of ~12%.  

I’m trying to find out how turn overs are on mid term rentals and how quickly a renter can get back in your unit. 

I’m biased because I’m based out of Charlotte and can’t speak as detailed about the Raleigh market as I can about Charlotte. 

After 2 Duplexes ($80,000), we left with $320,000 so we want to buy another 2 Duplexes (same price) with 25% down payment ($112,500/each) since we are not living there for long-term rental which left us with $95,000 left.

It had a separate kitchen and upstairs loft as would be expected, along with many other old school features, and definitely set the standard in my mind for what I enjoy in terms of style.