Short term rentals are not allowed in Volusia County and only in very limited areas of Ormond Beach.  

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All adults are named on the lease and sign the lease, agreeing to the terms and conditions.

Leverage tends to adds risk, I always recommend having the worst case backed up by, long term job prospects, other liquid assets to cover losses, an/or the ability to take measured risk more than once to even out uncertainty.The richest individuals use leverage to their advantage all the time, but it should be used with care.Zach

If you are overpaying, then you could be hamstringing yourself in the short-term, but should be fine in the long-term as long as you can hang with the insurance costs.Failure is a mindset and it seems you are having a weird bout of FOMO.

If you're only looking short term then this sounds like a decent situation.

Inform them they violated a term of their lease and the smoking must end immediately.2.

Ismael, More than likely it is not the case any bank will copy and paste the current terms of another asset onto a new one.

We gave the seller a 30 day extension to get the property to pass inspection.

I had owner finance $3,000,000 dollars, 4% interest rate, 10 year term.