There will be a thinning of RE agents Mortgage brokers  title company employees  sub trades etc etwhat will lead to over all stability though is the amount of real estate owned free and clear much more than most investors probably realizeand as it relates to owner occupied areas the amount of sub 4% fixed rate financing that in most instance payments are less or equal to rent.

But whoever ends up paying more upfront gets priority pay back for the remainder out of monthly cash flow until the “initial investment” is perfectly even.For instance:   DP + closing = $50k out of our pocket  Renovations = $60k out of his pocket   Difference = $10k Which will be paid to him from the $500 monthly cash flow until recoupedThe problem is he is saying that he doesn’t want to just count the cost of supplies and his employees, but he wants to bill his time as well as his employees time as part of his “initial investment”.   

There are DSCR lenders that still require 6 months seasoning and some that will allow shorter periods, but you’re typically limited to a % of pp in that instance instead of appraised value/ARV.

For instance, $100k NOI / 10% cap = $1MIf a mix of comp/income, what does that generally look like?

For instance, Boston & NYC require Airbnb to enforce their regulations but Cambridge does not.

In what instance will the attorney be advocating in the buyers best interest and not mine?

@Nikki Stoddart Can you give me a "for instance" of what this looks like for you at purchase?

She has been great with communication and keeps her apartment clean for the most part (I had one instance where she was leaving dirty diapers outside).  

Even if you are on contract with them there can instances where you are allowed to place a termination notice. 

However, in this instance, you will have guaranteed rent.