@ Hannah MekschI'm working with RPC invest (Ron Phillips) company...Ask them to set-up a profile for you so that you can get more details about the properties that you are looking at.Rehab house has the scope of work listed.More pics and etc ...Look to buy my 1st before Dec. and cost segregation for taxesHope this informing help outCheer cheer 

I'm not in the short term rental business but if they are independent contractors then you don't owe them anything.

It is also more problematic to enforce the lease terms as to the tenant when the sub-tenant is the one in violation.

A heloc is an open end mortgage or in simple terms its a high risk credit line similar to a credit card that sits in 2nd lien position adding another trade line to your credit and reducing DTI.Just like a credit card if you ever miss a payment on any debts on credit or if your scores drop unexpectedly they bank can close or reduce your line of credit.

Hi All, Looking for a little advice here in terms of next steps and strategy.

The lease agreement clearly states that the "Security Deposit", and not "Damage Deposit", does not have to be returned to the tenant if all the terms of the agreement are not met.

Purchase price: $850,000 Cash invested: $15,000 Bought on owner financing on a 5 yr term.

In terms of cash flow, it’s definitely possible in the Midwest.

Hi, I am a photographer and videographer who specializes in multifamily and short term rental properties.

Can you let me know the details.