Here's the breakdown:Financing: We used a seller carry deal with 25% down ($100k), a 30-year term (balloon in 10 years), and a 4.68% interest rate.

In the near and immediate term, expect dramatic changes to the local Southern California RE market.

I bought these two houses that were next door to each other with a partner using hard money (3pts, 13% interest, and 1% extension fee every 3 months after the initial 6 month term).

What about refinancing  costs or what ever costs that occurs at the end of the loan term?

RentRedi is perfect for applications and background checks (you can also set clear lease terms and automate rent collection through RentRedi).

One key he found was mixing a welcoming atmosphere with firm guidelines.. it typically falls under standard tenant landlord laws for eviction.. so you’ll want to double-check local regulations.You mentioned Furnished Finders and Padslipt.com.. from what I’ve heard, those can be great if you’re targeting traveling professionals or short term visitors.

anyone have any experience with Walter Wofford and his short term rental education programs?

I’m currently in the process of searching for my first property, which I hope to house hack and eventually convert into a long-term rental. 

If it has any basis at all (such as you left the apartment during your lease term for what you felt was a justifiable reason and stopped paying rent, but the landlord disagreed) then you may be better off paying a rather small settlement.  

There’s never been a better time to step into the booming mid-term rental market.