To thrive in real estate investing, you must maintain a firm grip on your finances.

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

We have a decent plan working now, its just a matter of financing and scaling.

Private financing has many perks compared to traditional bank loans, especially if you're after speed and flexibility.

@Nate MarroquinYou're in a great position to house hack before your income increases, and you have multiple financing options to make it work.

Do you have tips for structuring short-term leases that protect me as a landlord while accommodating their needs?

Short term, leaving financing in place during rehab prior to resale — great strategy with limited risk to either party. 

Or a seller finance calculator showing the monthly payment based on negotiated price, interest rate, down payment, etc.

Do you have a lender that finances these for you or is it all your money/investor equity?

A reserve is unnecessary, but I still keep around $15,000 - $20,000 in my account.The point is, that you should sit down and assess your finances to determine what the worst-case scenario may look like, how much you would need to cover it without impacting your life, and whether you will need to build a reserve.