In addition, I was wondering what you do in order to discourage co-tenants from leaving in the middle of the lease.  

I'm sure a lot of people wouldn't want to have a pole in the middle of their backyard. 

Middle america has decent pricing that you can get in with the cash you have saved.

As a side note, I'm a middle market multifamily guy...but talk to owners in my market all the time following the program having great success...managing 100+ doors all on that modelAlways great to have an alternate worst case scenario plan..in case your municipality does away with STRs...If the City of Boca Raton allowed them, I'd acquire way more deals..

But it is a direct purchase, no "turn-key" middle person taking a cut, so if your ok with that and hiring what PM you'd like (I have referral connection of liked) then we got you. 

I get up around 8 and often take a few hour break in the middle of the day.Not having a dog, kids, or a wife makes it possible when it otherwise wouldn't be, but until then I guess I'll keep posting on BP at 1am on a weeknight. 

Account Closed it's almost as if the middle class is getting richer, because those office jobs are working from home and still giving money to the banks who are giving them home loans; while the upper middle class that own the businesses, and the poor who work in hospitality are getting much poorer. 

On a macro scale over the long term, I think it’s reasonable to speculate that everything currently happening is going to exacerbate the gap between the rich and the poor and further reduce the size of the middle class.

That reserve can grow to 15% or 20% if one of the utilities is not turned on and/or structural work is being done; you can finance up to 6 months of house payment into the loan as well if you wish given it may be months before renters can move in and you can move in so the 6 months of financed payments is a nice option; you will need at least a 680 middle credit score these days; a 3 or 4 unit will need to meet what's called the Self Suffiency Test- that is total of all projected future rents taken at 75% of gross must at least equal the total house payment, you can include the unit you will occupy to meet this test though.Example: Buy at 100,00 and add in 100,000 for rehab + 10% Reserve of 10,000 = 210,000 then 3.50% down payment is 7350.00 with mortgage of 202,650.

Just wondering if I can request they leave in middle of the lease and I return prorated rent, or if I have to wait until the lease is over.