Lakeland is doing the right things to make it pretty and liveable on the major Highway to Orlando.

One of the big conditions is that the majority owner of the LLC needs to be the same as the person(s) that have the loan.Tom - The property ownership transfers, but loan stays in your personal name.

@Sarah HofferThe major thing I can think of in your situation is that you’ll no longer get the lower owner occupied interest rate when you refi, seeing that you’ll be moving to NC.

Can prospective lenders provide this without a prior relationship and major documentation?.

The investor is taking all of the risk, so they should have a majority of the equity.

What about Transformers?

This has caused at least 3 major problems: 1) the market is now oversaturated with Airbnbs, 2) rental rates have come down bc of so much competition, 3) there's a dire shortage of workers available to service the huge increase in the # of Airbnbs.Wait times are often a month or longer for service providers.

The Austin, TX area has a multitude of pet owners so it's a majority of prospective tenants and if the fee is obscene your unit could get passed over. 

Some of the common turnover items in my experience include patching holes in the wall both minor and major, repainting the unit, deep cleaning the unit, and changing the locks.

How much you keep is up to you, but I don't have a high W-2, so I make up for it in reserves that could cover major expenses (enough to replace roofs on several properties at once) That's for my peace of mind being a single parent running a business.