With that said, my goal with advance booking is to bring-in a decent amount of revenue during the offseason (winter), but don't want to scare anyone away with a large initial deposit, and of course I'd like to discourage cancellations.  

The landlord responded that the lease was not subject to the Rent Adjustment Program since the rental was for “sole use of one or more rooms and shared use of common areas (such as a kitchen) in the residence,” which was a single-family home.In its decision, the court focused on the definition of a “dwelling unit” as used in the exception found in Civil Code section 1954.52(a)(3)(A), which provides that “an owner of residential real property may establish the initial and all subsequent rental rates for a dwelling or a unit about which the following is true…It is alienable separate from the title to any other dwelling unit….” .

Its like dating, do not expect to close the deal on the first call, it takes 60-90 from that initial call to get someone to commit.2.

Unfortunately, a lot of people jump into 2nds initially because they are newer investors and don't have a lot of capital to work with.

As an investor first and a DSCR broker second, I'm always available for strategy sessions to increase profits.

They have streamlined processes and for my clients, we rarely see more than 3-5 conditions from initial underwrite and conditional approval. 

This quick turnaround showcased the power of market timing and effective negotiation, doubling the initial investment in just one day.

This creates a negative initial position.

Lastly, my initial goal is to house hack so I can theoretically live free for a few years, while buying multiple MFH to build a larger portfolio quickly.

Once you start thinking about how properties will perform in year 5 or 6, you can start thinking of your initial financing as more of a bridge to secure the asset, which allows you keep growing.