Then re-calculate the estimated rent for your unit based on the comps you selected from their reports.

The MLS is not the best place to cruise for a bargain but I was looking at some 2-4 unit properties and the prices are absolutely bonkers.

You can then go from say a single family home and buy a duplex, fourplex or even a 10 unit deal in a market like KC.

I won't presume that they shouldn't have done this, but will state that in most jurisdictions with rental licensing laws thats a big no-no.To answer your questions generally (not specific to Colwyn Darby, PA because I am not licensed there):1) Generally the county will not allow evictions or rent collection actions if a unit is being rented without a licenses.

I've previously done all less than 4 units where I got residential mortgages at much lower rates that cash flowed well on 15 year. 

Investment Info:Small multi-family (2-4 units) buy & hold investment.

I'd pay the loan payments with the proceeds if my STR cash flow isn't enough to cover it but just until I can sell each of the units next year. 

PM should set up owner authorization so that when a unit is vacant that utility bills go to the PM to pay.

I want the STR to be close to the main national parks and still on the fence weather it needs to be rural or closer a city.

Investment Info:Small multi-family (2-4 units) buy & hold investment.