Two weeks back I sent them a communication about our intent to renew the annual lease at a higher rent that matches the current market rate starting 60 days after the note.

Im a first time home buyer, no existing debt, self employed, bring in average $4k monthly, looking for a conventional fixed rate loan in PHX or surrounding areas.

What would rooms rent for by the night, weekend, and monthly rate? 

I am offering Seller Financing with flexible and favorable terms due to recognizing today's interest rates is not pushing many developers off the fence. 

Second, if you have septic versus sewer, you need to see what the septic tank is rated for.

How it would work is that I would buy a new construction home from Lennar, and I would seller finance the property with Lennar currently they are offering around 5% interest rate 30 year fixed.

You could close out your HELOC and try to get a new one but I am sure your rate will be much higher.

I'm telling potential STR buyers that if they can stand short-term mediocre numbers, they're likely to see an increase in the metrics in the next year or two as A) new investors continue to waffle over the higher interest rates so new listings decline and B) some existing owners sell because of the lower numbers of the past year.

I was completely wrong about being able to live with other tenants in the city and am really embarrassed and devastated with this situation.I got a lower down payment loan (10%) and good rate for this property with the intention of me living in it but I already know I can’t and am honestly panicking in tears.

I expect to buy 3-5 properties in the next year if I can find the right deals with hopes to grow at about the same rate year over year.