Thus, when the contractor comes asking for more funds FOR ANY & ALL REASONS THEY WILL PURPORT your bank will tell them they must 1st have all work done so far investigated by their own Construction Investigators and then proceed to determine how much and when any extra funds will be disbursed.

Even of they do not pay, this judgement will haunt them every time they try to buy anything that requires a credit check, even renting their next place.

Scenario: If one is to buy a new home to use as a primary residence ( till say Jan 1 2025), fix it up and get it ready for STR use starting Jan 2025 while STRing the initial primary until Jan 1, 2025, then move back to the initial primary and fulltime STR the new property..

We're either looking at renting out our current SFH or buying a duplex and house hacking. 

"I will buy at least one single-family home, duplex, triplex, or fourplex before the end of 2019") and then do it.

It may sound nice to pay a 6% management fee but the extra fees can add up to be more than the other company that charges 10% with no additional fees.

If it's a refinance you might have buy down options available to get the rate a little lower.

Essentially, the buyer wants to pay my equity out of the property at lease signing then have a option to buy the property after 3 years.

Fingers crossed.Speaking of... does anyone want to buy a BP Con ticket and two universal them park passes from me? 

(The first $500k is currently tax free but becomes taxable 1095 days after you moved out.)It’s unlikely this price range will make a good rental, nor is it a property you would buy as a rental if you don’t already own it.