Purchase price: $514,500 Cash invested: $125,000 Purchased a beach condo that will be used as a STR.

Hi all,I am looking at a potential rental acquisition where the home contains a garage conversion into a room and it is unpermitted.Note that seller has not included this room in the sq footage and i am not purchasing it with the assumption of conversion to permitted.If i were to buy and turn into a rental - is there any liability to renting it out with that unpermitted conversion?

Let's not go into how gross the hot tub was for just a few days (but we all know that's par for the course with a large group of adults & kids) and yes, I factor the extra for drain & fill although in this case, it needed even more cleaning.What I'm struggling with is what is the most professional way to reach out to the guest and to write my review? 

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This is my 3rd tour in Germany and I am also seeking to purchase rental property here as well.Finally, I am planning to do my first house hack upon my return to Baltimore next year.

I purchased a well-maintained single-family home in a growing suburban community.

Hi Jake, DSCR Loans are a great way to get started if you have a property in mind that is ready to rent once purchased or possibly even has tenants living in it.

I have enough put away to purchase a few properties for rentals and kick start everything with a faster scale and keeping reserves on hand.

Additionally, depending on how you plan on purchasing - most conventional lenders won't underwrite a purchase in the name of an LLC that has no income/history. 1.

Feel free to reach out if you ever need help with anything!