And, they are usually not aware of such short contract periods either.These contracts or concept to market a residence is very simple, that has alot to do with the popularity, the public understands, for the most part that you can rent to buy or do a lease option.

I also bought a primary residence which did not help my debt to income ratio back in 2010.

My instincts on my first two tenants based on conversation alone was correct, but I still get an application to verify past residences and work history.

Second homes might have a bigger market than single family primary residences.

For a cross-country move, we desperately need to sell our residence within 2 months.Paid $139k in 2007.

I was actually having this discussion with a well known poker pro a couple months ago -- apparently he was able to get a couple mortgages on a primary residence and vacation houses back in the mid-2000s and to this day has never missed a payment...but mortgage brokers are telling him that his only option these days are portfolio lenders (who would likely require him to collateralize the loans).

I do not think that I have a well-developed niche as of yet, but commercial and multifamily units are what strike me as most appealing.Looking forward to meeting many of you from any and everywhere and, hopefully, some of you that reside nearby.Cheers,

It was previously the person's primary residence.

I would like to get my feet wet when I am ready with buying a SFR or MFR and staying at my current residence.

Anytime I hear the words moisture and house/apartment/residence together, I immediately say test for mold.