@Philip MullinaxDepending on the Tenancy Law in your jurisdiction, a transfer of ownership in the middle of an eviction may provide the tenant an opportunity to stay the eviction and compel you to recommence action once you are the owner.  

Based on feedback from other hosts I will probably add a TV in the living room and portable air conditioning in the bedroom this Spring.I am very careful not to allow long stays because I want families that are vacationing -- not homeless people who seek to establish residency. 

In case if the units stay unrented, the borrower should have enough cash reserve with him to pay Principal, interest, insurance and taxes for 6 months.

Hi Guys, I was hoping someone might guide me in the right direction.

You KNOW you have to stay on top of this or you will blow WAY past it.

@Braden Smith I have time, those are some great avenues, I will put them in place just need to get a plan in place and stay on course. 

A potential tenant applied to stay in my boarding house.

I will be surprised that 6 years later, the tax law requirement will stay the same.

Use that as a guide for developing your ARV.  

Keep up the great work of staying active on the site and letting the knowledge soak in :) Best of luck to you!