Since you’re planning a mix of long-term and short-term rentals, keeping detailed records and setting up a solid system for managing finances early on will be key.

They have no credit history, so you have no idea how responsible they are financially.

Thank you for your detailed response, Melanie. 

. - If you come across the same tax expert on multiple threads, and you consistently like their responses, send them a PM via Bigger Pockets or contact them via the contact information listed at the bottom of their comments.IMPORTANT: we're prohibited from offering our services to you, both publicly and privately - unless YOU initiate the conversation from your end.Still, some people choose to ignore these Bigger Pockets rules and will send you an unsolicited PM or even post publicly something like "give me a call, happy to chat."

And the reason why your "tale of two halves" will play out as you described.Demand:  This has actually been high almost all along, but rent growth hasn't materialized in response due to high levels of new supply. 

They've especially been inconsistent in their communications and sometimes respond to messages only after I press them for an answer (sometimes they are responsive).

In summary, a LAIC is someone who can take responsibility for a rental property in the same way an owner would.

Some solid areas to look at are:Riverside, Avondale, Murray Hill, San Marco, San Jose, Orange Park, southern part of west side, east Arlington, pockets of the Northside.I’m on my phone so a little tough to go in great detail, but you can message me and we can find a time to chat if you’re interested.Chris - thanks for the reply.

FCI is big (160 employees) and their portal may seem like overkill, but they have their systems down and they are responsive.

Thanks for the response.