From a lender's perspective, separating personal and business credit is critical for scaling operations while mitigating personal financial risks.

Thanks for replyingDo you operate a STR?

I suspect that weeds out a lot, but beyond that, I don't screen my Airbnb guests.I've haven't had to take advantage of AirCover yet in six months of operating an Airbnb, so I'm honestly curious how this works.

I started my OOS HML  career in Detroit and that was 2002 and WOW coming from our area what an education I got.. my clients that were doing turnkey at the time and all the buyers were out of state ( basically LA based) the local on the ground operator was very good he had all sorts of tricks to try to keep the houses safe.. the one i really liked was painting the copper pipes grey so thieves would not steal them..

I don’t have an STR myself but have helped a friend set up and manage a couple last year and it’s not as simple as it used to be. 

The team of Charissa Napoles the realtor and Robert Mincey at operation tango yankee inc have told me this second property was just a full rehab.

In my case it was not as simple as wake up and do it.  

If a warranty deed has been filed or even a memorandum of sale or a lis pendens, it makes getting clear title virtually impossible without the co-operation of the one who filed or having assistance from an attorney and maybe a long, costly, lawsuit. 

Can I still do simple 4 box calculation? 

It can be a simple one page contract b/w you too at an agreed upon rate.