It depends on the specific situation and on why you scheduled your appointments this way.

Maybe use AirDNA for a specific area if you are really interested.

Be as detailed and specific as possible when mentioning your future plans, current operation/experience level, ongoing projects, etc.

Hey Dana, This scenario is lender specific.

In terms of finding local lenders, it depends on what you are looking for, whether you are looking for a specific program, conventional financing or a one-stop shop.

Scenario 1: Condo conversionI'll skip all the renovation details and get right to the point - reasonable net profit from this project would get me around $863,000 which, after LTCG tax would be around $733,550. 

Yes, it's generally advisable to switch your home insurance policy to one specifically designed for rental properties once you convert your househack into a full rental property. 

Specifically, I'm interested in understanding the discount buyers are typically looking for.

Hey Brett - Speaking specifically about closing costs, those can be a little hard to pin down.

For me the 8% is well worth it, they find tenants, screen them, collect rent, call me if maintenance is over $500, I get a detailed report each month and end of year.