We are out of New York but look at deals nationwide.

I also live in New York, but in Manhattan.

Louis, MO42.7529136134133Atlanta, GA42.3820140125134Santa Ana, CA41.7813112489135Oceanside, CA41.5612512675136Glendale, CA41.4511213170137New York, NY39.825214565138Santa Rosa, CA39.6414613718139Jersey City, NJ39.628614348140San Bernardino, CA39.22106116141141Fremont, CA38.691381473142San Jose, CA38.131411467143Oxnard, CA37.4414313471144Los Angeles, CA37.18124139106145Yonkers, NY36.4427148119146Worcester, MA35.4414214193147Newark, NJ34.5465142128148Boston, MA33.5012914960149San Francisco, CA32.8113615020150Oakland, CA31.7613414499

That is not customary to have a lease assumable by just anyone.I'd suggest you use a different index, converting to 1 year T-Bills or New York Prime, that will float with economic changes.Indexes can used in different ways as with financing.

I have a desire to have a STR in a few spots - specifically, north Georgia Mountains, Mid-Town Atlanta, New York City and a beach location.

Scott, what states do you lend in, I see it says "National", does this include Western New York area?

@Chad Jarrah hey chad I would love to pick your Brain on flipping and Analyzing deals I’m just getting started and having a bit of trouble with doing all the math and Expenses I’m from New York not to far from you.

Check out his interview here.Interesting New York Times article on the topic here.

It is in Upstate New York, cold winters.

This 2-page article was the single best source of information I found, and I wanted to share it with the BP community:  www.thsh.com/documents/s-Liens.pdfIt was published in the New York Law Journal, which is basically the daily lawyers' newspaper in NYS, and it sets forth the legal options for the homeowner if a mechanics lien has been filed.