Hi all, I just received the below term options on a DSCR new purchase loan (780 credit score).

My mind works that way too.In my experience, whenever I've truly wanted to learn a new business inside and out (especially if I didn't know anything about it to begin with) I've found that it's very difficult to completely cut out the less exciting aspects of the business and whittle everything down to a short list of bullet points.There are definitely a lot of "quick start" guides out there (and they're great for highlighting the biggest action steps at the outset), but there's still a lot of learning that needs to happen to fill in the gaps.

What was the reason behind the term change?

If it doesn’t meet that criteria, it would just be treated as an early termination request, with whatever penalty is in the lease, and both would have to agree or remain responsible through lease term.

Today I was approached by someone who is offering me around $1800-1900/month to rent the property from me to run a short term / medium term rental out of it, primarily for traveling nurses or other business people.

. - Shorter duration and term.

I regret every property I sold 10 years ago (except the ones in the hood, that was a short term experiment I am glad I got out off).Your total net worth contribution is a lot higher than 0.6%, just the paydown of your loan is double digit ROI.

The other house is a short term rental. 

If we are short on time, then we may go back later to complete the final inspection and create the punch list.

I definitely learned how to get travel nurses in my rental but more importantly how to properly run a midterm rental business and get contracts with insurance companies and other industries I didn’t even thought of reaching out to (I learned more than what I thought of just by being surrounded by people with the same goal, and everyone was gracious enough to help guide me along, sharing their experiences and all the nuances in the journey that cut my learning curve/time).