The cashflow from these units combined with the main house will more than be enough to cover all expenses in perpetuity for that land that's on a 3.4% interest rate over 30 years.

To be fair it had been improperly managed for about 10 years prior to me buying it and so the existing tenants were not getting any maintenance work done and were therefore paying 1/2 the going rate for rents.

We’re most interested in great customer service, ease of transactions and favorable savings and loan rates for businesses.Thanks!

For insurance Hunter Gall from Whims Insurance Agency gave me the best rates.

I feel the market we are in, it’s hard to find a property that will cash flow above 8% CoC return with current prices and interest rates.

. - Mortgage terms, rates and competitionTypically vacation rental properties are investment properties.

Interest rates are coming down so could be great! 

Replacement of Water Heaters: No permit shall be required for replacement of water heaters in one- or two-family dwellings, provided: The energy use rate or thermal input is not greater than that of the water heater which is being replaced.

My long time STR that was converted to MTR due to not getting an STR permit has good occupancy (90%) but the rates are terrible due to nearly 200 furnished rentals in the little community being converted to MTR at the same time (I rented NTR at lower rate than I could have gotten for an unfurnished LTR).  

But I am being told I can only refi, which I will never do because my rate is 2.8%.