They eventually downgraded my plan but still owe me over $2,000 for the difference, which was never refunded.Right before the Peak Partnership event, the sales team created so much stress that I became ill and had to check into a hospital while in Orlando.

This is a situation a lot of long-time landlords eventually run into, a “tenured” tenant who has slipped into their own payment rhythm, and you’ve unintentionally trained them that it’s acceptable.

I agree with SteveI bought action property which turn out to be in so bad condition that it was better to demolish itas out of country investor it was to much for me, eventually I sold it (after holding it 1 year) with some losses but continued to new project with great agent and inspector!

“Different” as in “Different” properties to convert.  

You’re at the point where a lot of STR operators, brokers, and property managers eventually land — the workload has outgrown Excel.

Now we have these wild valuations for these companies that are completely untethered from reality and eventually they will need to find a way to earn a profit or justify their extreme P/E ratios to continue raising capital.

Even if you are using Fannie/Freddie stuff...they will limit you to 10 loans, so you'll have to use DSCR loans eventually any way.  

But converting a place to be ADA is crazy expensive, very time consuming, unless the property is rather new often exposes some other issues that need to be adjusted to make that ADA whatever happen. 

Security deposits and prepaid rentsThese do transfer because you inherit the obligation to refund them in the future.You should receive a buyer credit at closing for the full amount of: security deposits, last-month’s rent (if collected), any other tenant-held balancesExample:If the seller is holding $10,000 in deposits, you should receive a $10,000 credit so you’re made whole when tenants eventually move out.2.

We eventually found a couple who seemed like the best option available, but they were from out of state and broke the lease after five months and moved back home.