So far, I'm in the process of working out contracts for potential investments, but it seems like we will almost need to completely free up our personal credit lines to cover cost of the rehab.  

Probably your best bet is to talk to a lender and see what they consider proof of funds.

We use a file cabinet for hard copies and have a dedicated phone line just for faxes.

The buyer I had lined up before listing on MLS found my house FSBO on Zillow so I thought listing on MLS would generate more traffic.

I hope this will motivate others to think outside the box on your hustling activities, whatever they may be.Here's the short version...March gross income from Airbnb hobby $1094Cleaning lady expense $100Couch surfing expense $300PITI $575Utilties $200CapEx: Ignoring for the sake of this analysisBottom Line ($81)Snapshot of March 2018: I'm 23 years old, living for $81 and pocketing the remaining $1100+ of my BAH, as well as making $400 for my friends for the assist.

Perhaps another reason to try to go it alone.Bottom line, this is complex transaction and you don’t seem too confident.

If you plan on holding the property for long term, you should make sure you have a lender lined up that will refi into a conventional mortgage so you're not stuck paying hard money interest only.

Then I’d be off to Paducah and Omaha to line me up a billion or so of SFRs to BRRR.

I’ve been using Bottom Line Realty and Management since November and I’m very satisfied with them.

If it's 5+ I'll look at the are cap rate and ensure the price falls in line with that. --- For this, I use a combination of MLS, Zillow, Redfin, Loopnet, home value estimators.