I used to rent by the room in UCF area, but long term rentals are less work. 

One bed+bath upstairs, two beds + one bath in a finished basement.Fast forward 5 years (after the long term tenant of 4 years left) and I get a report that the basement has been ruined from water intrusion, requiring the entire basement to be gutted and re-finished.

This is where a good mentor or partner can help with the details of a deal. 

A DSCR loan or HELOC for purchasing another mid-term rental?

If you know it's a long-term rental, you want it to be rent-ready and more durable, less extravagant, especially in a town of 4,000.

Current value and mortgage details?

We are in the STR Zone, and the goal (if possible) is to get the project complete before 2026 Fifa world cup. do STR for 2026 and start long term renters after.

If the note is a 20 year term and the underlying  note the same, you’ve got $100k invested with an annual return of about 22%.  

But then I mentioned to another local investor I had started working on NPNs and had invested with Scott, he hesitantly told me that he knew of another investor who had a real hard time getting their money back from Scott, he didn’t have a lot of details but advised me to be careful.

We just moved out and are renting it long term and making around $400/month.