If a "deal" only has 1 profitable exit strategy, it isn't a "deal", it's a bull-trap. 

Quote from @Trent Reeve: Quote from @Don Konipol: Quote from @John Brown: I have a friend with a property in a very desirable location in Texas that I believe would be great for STR.

I have written a blog post that may help you out.

How much will you spend in repairs on a 1920's house with renters ? 

You can easily do this on a spreadsheet and it will take less time to track than find and learn a new software.

Originally posted by @Will Zena:I have listened to the podcast for a long time.

Thanks, and that would be a great option.

I have a pretty straight forward return with a W-2 and a K-1 from an LLC. 

That path does not end up in a good place. 

@Devan Praska I do not have a manual for my tenants but have created a manual for each of my properties in the event that something might happen to me and someone else would have to take over the management of them.