I am in Florida as well up in Pinellas by the Gulf Beaches and know that Miami is costly!

The app that I used did the background check of the lady only but not the guy and by the time I check on the guy online and found out that he had an eviction the lease was already signed and I asked him about the eviction he came with the perfect story and I said well.

We've hit it on one deal, and are hoping to hit it for this month's deal as well.

Assuming you are still well under market, then they will probably stay if they can afford it.

I have another friend who is expanding into the STR business with in KC (He owns the territory for the company he bought in to...right now he is just in STL)Happy to give you his info as well

I looked at Lightstream as well, and am wondering if it'll work as cash to pay for the land if I get an amount to cover it? 

Logical Property Management is top notch as well. 

However, with a dscr cash out, your credit will come into play as well as leverage meaning that more info is needed to understand the cash out proceeds of your scenario.Also, the timeline for these area about 30 days give or take and the proceeds must be used for a business purpose.

Make sure you learn your market well.

I figured its a win win, they get to invest into some real-estate and grow their retirement as well as it will lighten my investment and potentially allow me to get into a better property that would cash flow/appreciate better.Does anyone have personal experiences or opinions on this?