Additionally, ARVs in these areas have a cloud of uncertainty so it will be prudent to be conservative in your analysis and have multiple exit strategies in place.If the home is located in an area with minimal impact from the storms, there has been a small uptick in pending sales the past two weeks compared to same period prior to the storms.

You can do a requested search and pay the exchange fee, normally $219, and it will search an area for a precise time period and it will alert you when they find one and you can accept that resort or not.  

So you would need to look into is losing about $700 a month is worth it and can you deal with that for a period of time.

Hi @Charwak Gummalla,Most Lenders have a 3 or 6-month seasoning period so depending on how you purchased the property you should be ok.

Lesson from Radiant Young Adults night in Tampa – "Staying Power"Last Thursday's session reminded me:- Stay consistent- Play the long game- Consistency always beats periodic bursts of intensity- Consistency might feel “boring,” but that’s where growth happensStay the course!

And one of the things I've been told is that there is no seasoning for refinancing which contradicts what you said about the two year period.

Your activity isn’t a rental activity if any of the following apply.The average period of customer use of the property is 7 days or less.

Make sure to review your current lease or local laws as they may list a different renewal notice period. 

Yes you can definitely qualify for the STR loophole if you materially participate and keep the average rental period at 7 days or less. 

Take it with a big grain of salt - I saw a property tagged with HIGH RISK of HEAT due to a 200% increase of days over 100F in the next 10 years....going from ONE per year to ...drum roll...TWO days per year.Exactly ^^^I've noticed that they are now calling the wildest temps as 'Heat Advisory'....For example: Last summer in Phoenix, they had a period with 105ish temps declared as 'Heat Advisory'.