This is some of the most basic info for those interested in started a STR.

Make a welcome video explaining to tenants how to do the basics and when to contact you. 

Nobody can afford higher prices but the majority of his voters don't understand tariffs, global trade, and basic economics so here we are. 

It's also a great way to pass buildings down to your kids who want nothing to do with the active management business.

I basically ended up paying for the rehab twice and lost tens of thousands of dollars to make sure my lenders were all paid back. 

Thanks for any help’ Yes we're licensed there and FHA guides in one state apply to all states unless a state has a specific law that supercedes the FHA lending guideline.FHA is always 3.5% down minimum (in some cases less because you're using a DPA or down payment assistance program or 2nd lender to put down over all a lower down payment than 3.5%, Aka for instance 3.5% DPA + 96.5% FHA = 100% financing but just dont kid yourself this is fully 100% leverage and to be used with caution and carefully).In the case of 2-4 unit FHA is still 3.5% down payment @Matthew Kwan @Carlos ValenciaThere are rules regarding FHA such as:- primary residence - you must occupy one of the 2-4 unit property as your primary over 50% of the year and the underwriter needs to believe you will remain and have the ability to live in there, any deviation from this and you'll get a whole laundry list of conditions asking you to prove why you should be believed to be living or will live there (if this arises dont be surprised, it just means the UW doesnt believe you).- SS rule - self sufficiency rule - gross rents of all potential units 2-4  X gross rents at 75% needs to meet 1:1 or 100% of the monthly PITIA payment or greater.

Quote from @Nicole Koch: I think that most people looking for anonymity are basically trying to keep their name off public records so that if they own rental units some psycho cant just look up who owns the property, whats their FB, who is the wife/husband, kids etc.. 

It's a thought of mine as well, basically following my mentors model. 

basically what wheatie said, but slightly different.

But in reality, reinvestment risk is real.In rentals, in today's market, there is basically no cashflow available after a BRRR and you introduce tenant risk into the equation and any longterm hold will have pretty continual maintenance.