If you're refinancing to a business purpose loan that's totally fine, but chances are good you'll need a lease in place for the unit you were occupying so the lender feels confident that it's strictly going to be used as an investment property.

So if you are going to be a host that outperforms your competitors and want to get fabulous reviews, there isn’t complete down time if you are self managing at the highest level.

Do you self manage?

I currently house hack in Chicago, however, going from that to STRs where I cannot self manage is a different ball game and just wanting to pick peoples brains who are doing what I'm interested in doing.  

I think that part is self explanatory. 

My wife and I only have <5 properties we are self managing.

Oh, forgot to mention, this was prior to self rent rules. 

So for a self-managed investment project, our gross profit is around $4690 a month.

We have done 8 self storage locations and 2 country subdivisions selling lots in the Omaha area and been very successful.  

I'm absolutely confident in my decision to work with them.