I also probably wasn't as educated as I should have made myself, so I'm sure there were decisions that could have been handled better.Part of the reason I wasn't willing to deal with the hassles was because I had 3 young kids. 

I told a lot of people about this and I'm sure it got back to him as people were made aware of his character quality.  

To a point made by another person who commented, you may be able to have a lender do a 'one-off' portfolio loan at a 95% LTV if they trust you enough . good luck.

The data points they use made me feel like it got my pricing right and I feel much more confident about what my nightly and seasonal rates are now. 

I recently did one where the lender did allow it but that was because of our position as a great customer of the bank and our impeccable credit record.  

Purchase price: $545,000 Cash invested: $545,000 What made you interested in investing in this type of deal?

Some of those round thermostats still have an on/off switch, and some are AC/heat so the tenant could flip it to AC to keep heat off But I second the other point @George Paiva made - how can you be certain the heat isn't on?

He made a nice fee (more than Brad and Rod's combined).

What made you interested in investing in this type of deal?

I’d love to hear how you’re tackling tax prep and if tools like Baselane—or any other solutions—have made a difference in lightening the load.