However, if you do evaluate a property as an STR, run the numbers as if it were a MTR.

In highly touristy areas like lakes or vacation spots, an STR typically generates higher income from short stays but may not attract long-term tenants due to seasonal demand.However, if the property is in a more versatile location, such as near schools, businesses, or urban centers, it may work as an LTR, providing steady income and fewer management demands. 

This loan will qualify the property itself, without the need of all your personal documents (as mentioned above).

The property is located in Cobble Hill/Carroll Gardens area. 

The person I sold it to made $40k weeks later doing nothing to the property but listing it on the MLS.All because he had more leverage.He knew I was in a tight situation financially and took advantage of me.He turned me into a motivated seller.

For the past 13 years I've been investing in and acquiring single family properties through Tax Liens and Tax Deeds.

For R&M it'll depend on the type of property, but I think 5-7% is probably a decent number.

Anything else is garbage and will be a disposable car at the end of its 10 year battery life or whenever it gets i a minor accident.

The person I sold it to made $40k weeks later doing nothing to the property but listing it on the MLS.All because he had more leverage.He knew I was in a tight situation financially and took advantage of me.He turned me into a motivated seller.

My property is in the middle of downtown San Antonio, 3 bed/1 bath.