Read some studies (but consider who paid for them and their motivation :-) And cities like LA, Seattle, NY cannot blame the vacation rental market for their housing problems, those are the result of failed policies by years of leadership....Vacation rentals have many benefits over standard rentals that you might consider a) they open up areas to vacationers that would ordinarily not be accessible (not everyone wants to stay in a hotel district).b) they almost always improve the neighborhood they are located in - the house, inside and out, must always be in near-perfect condition in order for the landlord/host to stay in business.

Rent will be prorated through August until I find a tenant minus costs until sept 1st at which time I will return the remaining deposit minus costs.She seemed satisfied with that and happy to be let out of the lease.One change I made as a result of the comments here is to start asking if they have pets or are smokers, I mention No Pets, No Smoking, twice in my listing but still have people apply who have pets.

House is selling for 660K with 300K in outstanding loan.Few options:Pay 50K in taxes and put the remaining money in VTSAX (Vanguard fund)Roll the money into 1031crowdfunding.com or kpi1031 or something similar in 3 different properties and get around 5% monthly cash flowPay 50k in taxes and put the remaining money in Norada Promissory note to get 15% monthly cash flow (I am accredited investor)Buy a turnkey property for 660K to 1M – preferably a duplex/fourplex.

Your mortgage contract remains in place, even when it sells to another company.

Once i had that established, in addition to the attorney, I needed a survey, to finish separating the remaining utilities, meet the setback, minimum lot size and the other requirements to make the new legal lots separate legal interests.

Hello,I'm in Missoula Montana, where we've seen a crazy amount of appreciation and supply remains very low.

I am extremely motivated and would love to add value to anyone's real estate business in exchange for some experience. 

The foundation is actually with stones not brick but I suppose the gist of your reply remains that same that it will come down to dollars/hr or dollars/day.

David Greene did a podcast a few hours ago about this and explained how recent changes in capital gains taxes might motivate some sellers to use seller financing to defer capital gains taxes. 

The rest of your equity remains with the original property.