Hi Addy, thank you for collaborating on this one with me!

Quote from @Devin James: When running numbers on an investment property, I focus more on equity growth than monthly cash flow.Here’s why:If I can acquire a property at a low basis and add significant value, I can: 1) Sell and reinvest elsewhere 2) Cash-out refinance to recapture my investment.

Welcome to the community and be ready for a huge amount of information at your finger tips.

For payments, tools like Stripe, PayPal, or booking software like OwnerRez work well.Happy to connect if you’d like to chat more or need additional tips!

@Stanley Nguyen there really isn't a way around this.

To expand on this, and to peg when a person can just be "The Owner" and wash hands of being IN the day-2-day.... 

Quote from @Hermes Kanaris: I appreciate all the replys guys, everything i read on here is so helpful since im new to this business.

For example, I have a private lender that gives me 8-9% on the rate for rehab costs when I am usually getting about 10.25-11.25% on the rehab costs from hard money lenders, and the HML is not sending the full money upfront, but in draws (this is normal for most HML) which is a lot more cumbersome. 

As I read your post, the reoccurring theme that came up was a screening problem. 

I will keep telling STR owners to list on at least AirBNB and VRBO.I am just going to get outta this dead horse beating topic.To those new folks reading this - List on at least AirBNB and VRBO.