You can only change the terms of the lease if all parties agree.If you buy a property and the tenant is on a month-to-month lease, follow your state laws regarding month-to-month leases.

.🌱 Long-Term Vision: Multifamily investing isn't just about quick wins; it's about long-term growth.

The long-term adverse impacts if this were ever to come to fruition is the loss of jobs, the loss of tax revenue and decreased property values, all of which Bissen has acknowledged.Some owners are attempting to cash out because they don't want to wait.

.), completes the application, pays the application fee, has employment and references that check out, agrees to the terms of my lease etc.

Question #3:  Standard lease terms.

Credit score is about 760. 25 year term with a 5 year draw period.Option 1 using max line of credit:At the max loan to value of 89.99% the interest rate increases to 11.5% This is prime of 8.5% + 3%.Line of credit amount: $140,000Estimated interest only payment: $1,245.83Estimated full qualifying payment: $1,489.04Option 2Dropping the loan to value to 80% to decrease the rate to 10.5%.

I have found my niche in "medium-term rentals."

You're right that simple is better, so I just have a couple questions for you if you're game.1.

We can't build as much in the northeast, so as long as there's demand on a Micro scale in the northeast values will hold and young people should be purchasing a long term fixed payment asset. 

There's probably a little pain in the rent growth this year and rent has probably not caught up with sales prices yet, but market still seems good for the long term.