Owner just needs 45 days to move out, is motivated to become a tenant if buyer prefers to not renovate until next year. 2nd floor tenants are on a month to month lease for $550.

What do you guys see out there, and is MF a good choice in this market?

Hey @Katie Casper, check each municipality for the regs.There have been a lot of restrictions put in place depending on the area.There have been some lawsuits flying around in Conway so do your diligence.Bartlett is hard to read, but there are a ton of folks working to ban STRs in the area.

Once they're near the end of the lease, I request a forwarding address to return the deposit.So far, so good.Best of luck,Wes Awesome, thank you @Wes D.!

In fact, in Ohio one can do a cash out refinance where not only does the owner have no cash invested equity, only loan to value ratio of 70% met, he may have cashed out more than he paid for the property.

I’m looking forward to connecting with other members and learning more about the real estate world.Looking forward to being part of this community!

Exploration of solar panels with 1,651 hours of usable sunlight per year and attractive state and federal grants available.Water Drainage:Check the grading around the property to ensure proper water runoff.

I checked with State farm ,since I have everything under them as of now,they gave me a quote of 1200/yr but with 1% of house value i.e 6000$ as deductible .There is no in-between,it starts from 1%, then 2%..3%.Considering it's a new build , hoping I won't need insurance anytime soon ( fingers crossed) .

The quality of modern lumber is simply far inferior to the quality of lumber they were using to build homes in the early and mid-20th century.

We never graduated to 506C.I think the vast majority of syndicators start out with 506Bs, easier to raise from when you have little to no credibility.