I will get in touch with my bank asap and see what I can come up with.

Make your expectations clear and simple.Two clauses I really like after having issues with couples breaking up or singles disappearing:In the event that Tenants decide they no longer want to live together, ___________ will be considered the primary Tenant to make decisions about modifying or terminating tenancy.

I appreciate the info and if I do come up with any further questions I will most definitely reach out and ask.

Now that the temps are back up to the mid 20's to freezing it seems fine.

The rate at which you'll be taxed on this recaptured depreciation depends on your income tax bracket, but it can be up to 25%.Now, if you have to sell the STR due to divorce, you'll likely have to deal with depreciation recapture.

So if you end up doing seller financing - it is your opportunity to try and get either a better rate, or better terms than you can get with traditional financing.  

I grew up in Pittsburgh so doing some in PA in the future may be of interest in the future.

@Pradhuman Joshi I can help with that, I've got contacts up in ND.

Some of the cautions:The fraudsters – who may or may not be affiliated with the company – persuade independent life insurance agents to sell promissory notes, luring them with lucrative commissions of up to twenty or even thirty percent.

I would like to set up an LLC for my house, but there's not a lot of information out there on building a rental property in your house.