The rental rate they are currently getting doesn’t sound like it will cover upkeep and turnover.

Transactional funding definitely seems like a powerful tool for quick flips.

Tenants pay all utilities)Taxes & Insurance:  $149 / monthPlease reach out if you have any solutions that you can provide or if you would like to discuss more details of the project. 

Is there a typical minimum period where the penalty applies, like 3-5 years?

Hello everyone, my name is Eduardo and I would like to introduce myself.

Sounds like you got the wrong policy and the correct one was more expensive.

Would like to know if anyone else has been in this situation and how they handled it.

Is counting on appreciation the only strategy in a market like this, or are there points of view?

Consider twilight shots for that "wow" factor.Offer amenities that make your property special, like a fire pit by the lake, kayaks, or paddleboards.

Your lease is likely have your name on it anyways.If they are going to sue you and you go to court, I can just imagine seeing the "victim tenant" telling the judge how you misrepresented yourself to them.You will be surprised when tenants find out you are the owner.