Also, hearing the same terms over and over and over really helped. 

Is that due to the long term projection looking better?

The original post mentioned purchasing a short term rental.

As long as the ratio is 1 to 1, you are good to go.

But long enough for the billing to have been changed.)

I am curious how this process works, what rates/ terms are common?

Since the remaining tenants have still been paying, I'm not sure that I can treat the MIA tenant as absent.Let's say the remaining tenants decide to move out (probably because they will eventually have trouble paying) and I make the refund check payable to all the tenants per the rental agreement (and to protect myself against claims from the MIA tenant), but they can't cash it because they can't reach this third roommate.Any recommendations on what to do with the money or what course of action to take?

Purchase price: $250,000 Cash invested: $5,000 This was a property my wife and I purchased to live in while fixing it up with the idea of renting it out.

I get where you're coming from with the concern about the new casino's impact on short-term rentals (STR).

That is why you see impulse purchase items at the cash register or where the old catch phrase "do you want fries with that?"