@Andrew AcunaPlenty of arm chair investors that don't know the difference between a shoe horn and shoe molding.Regrettably the majority of tenant problems are created by incompetent landlords.You have read the posts....my tenant regularly pays late.

We don't have kids yet, so we knew this would be the most comfortable/convenient time in our life to house hack.

I’m comfortable sacrificing a bit on revenue in exchange for steady cash flow, lower expenses, and fewer headaches.However, if you come across a standout property with a pool and great amenities in Scottsdale, it could be very beneficial during spring training or for bachelor/bachelorette parties.

Look into local market trends, property management needs, and the level of involvement you’re comfortable with.

A "one night allowed" booking will put you almost as high as IB, but you can then decline any one night booking that you do not feel comfortable with. 

I am trying to balance my overall portfolio and would like some advice on how people would balance this if they were in my shoes to in order to reduce risk and increase overall gains.I currently have 2 rental properties and 1 primary residence as well as cash and brokerage funds.My main questions I’m looking for thoughts on are…- What percentage would you keep in reserves?

Issue the loan to the borrower's entity (LLC).Either be available to receive a call or return the call as swiftly as possible when the borrower comes calling.Allow the borrower to have multiple open loans simultaneously (if all parties are comfortable with it) to help the borrower grow their business.Have loan products that help the borrower to expand their investing options in relation to ground-up construction and/or multifamily.Have staff that are knowledgeable to investing that can assist and understand the borrower's concerns or requests.Just a few that come to mind. 

Not everyone has the time and ability to do that and not everyone feels comfortable turning over control.

Nowadays there are an abundance of platforms such as Buildium and DoorLoopWhen you get to a certain unit count, it's worth switching to Appfolio.Try to pick a solution that you can grow into and you feel comfortable with their platform

Get out of your comfort zone.